Your credit report is a record of your credit history. There are several information that make up your credit history. These items include your correct full name and identifying information, your address, a list of your creditors, the type of credit accounts you have and your repayment methods. Your credit report can tell creditors about your financial habits, they also come with a score that rates and compares your score to that of others.
There are three credit report agencies in the United States namely Experian, Equifax and transunion. Each agency has a different set of information, depending on what the creditors have reported to them and they each have a different scoring method based on what they contain. Creditors have a discretion to choose if they will use a credit report agency or all three depending on their credit qualifying criteria. » Read more: Credit Reporting Agencies
