Control Your Credit, Protect Your Future
- Credit Reports
- What is a Credit Report?
- What is a 3 in 1 Credit Report?
- Checking your Credit Report
- Credit Report Errors
- What is a Credit Bureau?
- What types of Credit Reports are there?
- Who can access my Credit Report?
- What info is on a Credit Report?
- Do all bureaus have the same information?
- Credit Report Glossary
- Credit Scores
- What is a Credit Score?
- Average Credit Scores by State
- How to improve my credit score?
- What affects my credit score?
- How do I get my credit score?
Credit Reports
Do all credit bureaus have the same information?
No. Although information collected by credit bureaus is supposed to be the same, inconsistencies frequently occur. The three major credit bureaus, Equifax, Experian, and TransUnion, are all independent of each other and do not share any information; therefore, the personal financial information that is contained in your credit file at one of the credit bureau companies will most likely not be exactly the same as the credit information in another.
Each credit bureau provides the following information about you and your personal financial history, although the exact information in these categories may differ:
There are four main categories of information in your credit report
1. Personal information
Your credit report contains information that identifies you, including the following:
- Your name
- Your social security number
- Your current address and previous addresses
- Your phone number
- Your date of birth
- Your current employer and previous employers
2. Your credit history
Your credit report includes your history of bill paying with lenders such as
- Banks
- Mortgage companies
- Retail stores
- Finance companies
3. Credit Report Inquiries
Your credit report lists the lenders and credit grantors that have requested or received your credit report. The general rule is the fewer inquires on your report, the better.
4. Public records
Your credit report lists any items that may affect your credit. These items include
- Court judgments, including child support judgments
- Tax liens
- Bankruptcies
When lenders check your credit history, they can pull a report containing the above information from any one of the 3 major credit bureaus. One credit bureaus's credit report may contain more accurate information about your personal financial history than another, but you don't know which credit bureau that will be, much less which credit bureau agency a potential lender will pull your credit report from.
Luckily, there's a solution to this dilemma: a 3 in 1 credit report. While, as mentioned, a single bureau credit report includes information from one credit bureau only, a 3-in-one credit report provides your credit history as provided by all three major credit bureaus (Equifax, Experian, and TransUnion). By checking the credit reports from all three credit bureaus, you'll be able to fix any errors that come up, and you'll know exactly what lenders will see regarding your credit history, no matter which credit bureau's report they use.
In addition, a 3 credit bureau report will also provide a line-by-line comparison of information reported by each credit report agency, so you can easily spot any inconsistencies.
For more information on how to check your credit report, or how to instantly get your 3 in 1 credit report, FREE credit score, and identity theft insurance, go to www.CreditReport.com now!
Related Articles
- Why 3-in-1 Credit Reports Make Sense
- Credit Reports and Credit Scores – What’s the Difference?
- Credit Report and Home Buying – What You Need to Know
- Credit Report and Automobile Buying – What You Need to Know
- Credit Report and Boat Buying – What You Need to Know
- Credit Report and Renting an Apartment – What You Need to Know
- What Is Your Credit Score and How Is It Computed?
- How Major Life Events Impact Your Credit
- Why You Should Establish a Good Credit History As Soon As Possible
- The Art of Getting Credit
