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POPS Knowing the difference: Secured vs. Unsecured debts Learning about credit, you would most probably hear about "Credit report" and "credit score", two most important things you need to monitor on a regular basis. But knowing these is not enough. After all, the credit system is one which involves direct cause and effect relationships; that taking one variable, like credit report by itself will not help you understand how it affects your credit score and your credit activities.