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Equifax
Equifax Credit Information Services, Inc has been in business since 1899. Today, it has a presence in more than 12 countries.
With more than 4000 employees and annual sales of more than a billion dollars, Equifax is today a truly global presence. Today, Equifax allows customers to easily get their Equifax free credit report via their online web site. Equifax can be reached via the world wide web (www.equifax.com), toll-free telephone (1-888-766-0008), or by mail (P.O. Box 740241, Atlanta, GA 30374).
How do I Know Which Credit Bureau is Mine?
If you have any bank accounts, credit or loan accounts, or bills, at least one of the 3 major credit bureaus has information about you and your account record. However, you will not have just one credit bureau. Credit bureaus work by having partner companies. These companies send the bureaus information about their accounts. This means that if you sign up with a utility company, your utility company will likely be paired with one or more of the 3 major credit bureaus. If the company sends its company information to only Experian, for example, then only your Experian credit rating would be affected by non-payment of your utility bills.
Since most North Americans have several bills to pay and several types of debts, most have files at each of the 3 major credit bureaus. Since each of the bureaus is paired with different companies, your credit report and credit rating may look slightly different at each of the credit rating bureaus. For this reason, you will want to make sure that you check your
credit score and credit report with each of the bureaus regularly. It is only by doing so that you can be sure that you have a uniformly good score.
By law, Americans are entitled to one free credit report from each of the three major credit bureaus once a year. Some customers order one credit report from one of the bureaus every four months. This allows them to check their credit ratings at all bureaus and check their reports regularly without having to pay extra fees.Why Do I Need to Know About Credit Bureaus?Credit bureaus affect your life in more ways than you probably realize. The information kept at credit bureaus can affect your ability to get loans and credit and even some jobs and homes. Businesses and companies use the information that credit bureaus gather to decide how much of a financial risk you represent. Since you have three different files, at the very least, you need to be aware that you have more than one credit score and one credit report.
Being aware of the
3 major credit bureaus lets you get all three of your free credit reports each year and allows you to make sure that all your credit reports and credit scores are accurate and fair. This gives you the best advantage when you want to apply for a loan or credit account.
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