What Are The Names OF The Three Credit Bureaus?

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In this article we will be discussing what are the names of the three credit bureaus

Currently the three main credit bureaus are Transunion, Equifax and Experian.

These three bureaus are currently the bureaus utilized by the vast majority of

lenders including but not limited to financial institutions such as banks, and finance companies. The three main credit bureaus collect various data on consumers such as

payment history, rental history as well as many other types of credit data such as missed, foreclosures charge offs and other pertinent credit information.

What are the three names of the three credit bureaus used when employers run credit checks on prospective employees? Transunion, Experian, and Equifax also Insurance companies run credit checks on prospective customers who they are considering issuing insurance policies to. Once again it is Transunion, Experian and Equifax. Many mortgage companies and financial institutions will run what's known as a tri merge credit report on potential borrowers. This report allows the lender such as a mortgage company or financial institution such as a bank to access all three reports on all potential borrowers.

Many of the lenders after reviewing all three reports will choose the middle score provided this middle score is used as a final factor in determining a potential borrower.

qualifications for the loan. If the score is a high score the borrower is approved for the loan.

But if the middle score is low, this will result in an automatic denial for the loan.

What are the names of the three credit bureaus used by credit card companies for credit cards?

The three main credit bureaus that are utilized for determining eligibility for credit cards.

are Transunion, Equifax and Experian. In some cases, credit card companies will either

use one of the main credit bureaus, or only 2 or sometimes all three. So, it is highly suggested that if you plan on obtaining credit cards, make sure you have good credit.

with all three of the main credit bureaus to ensure success obtaining credit cards.

Now you have the answers to the question you have been pondering.

What are the names of the three credit bureaus?

Now that you are armed with this valuable information you know have the power and knowledge on your journey to establishing good credit.