Credit Reporting Agencies

Three Major Credit Reporting Agencies

TransUnion, Experian and Equifax are the three major credit reporting agencies. Credit reporting agencies use consumer information, public records, account histories, inquiries, and creditor contacts to compile credit reports. The major credit reporting agencies are competitors and do not normally share credit information except under special circumstances. In order to get a complete view of your credit history, it is important to access each credit reporting agency's information. Get your TrueCredit 3-in-1 Credit Report, which includes information from the three major credit reporting agencies.

All three major credit reporting agencies employ their own methods for tracking and managing credit information, and it is estimated that there can be up to a 40 point discrepancy between credit reporting agencies. A 3-in-1 Agency Credit Report provides a comprehensive look at your credit history by showing information from each of the major reporting agencies together.

Managing Your Credit

It is important to acquire a personal credit report from each of the three major reporting agencies on a regular basis. A discrepancy that may appear on one of the major credit agency's report may not appear on another.

The simplest way to keep abreast of each major credit reporting agency is to use the 3-in-1 agency credit report. You will be able to view your credit information from each of the three major credit reporting agencies in one comprehensive report. Not only is the 3-in-1 report more convenient, it is also less expensive to get one all-inclusive credit report, rather than individual credit reports from each major credit reporting agency.

Being aware of the information on your credit reports can make a huge difference when it comes to borrowing money or interest rate percentages. Using the 3-in-1 Agency Credit Report will give you access to each of the major credit reporting agencies in one shot and makes it easier to stay up to date on your personal credit report information. And the TrueCredit Credit Learning Center has the information and tools you need to understand, manage, and improve your financial profile.