The Different Parts of a Credit Report
So you’ve been told to get a copy of your credit report. Where should you get a copy? The answer is, you must get one copy from each of three major credit bureaus in the country – (Equifax, Experian, TransUnion). Why should you obtain a copy from each? Some people think that all three credit reporting agencies are the same. On the contrary, each one of these three agencies performs their jobs separately. Thus, the report you’ll get from one bureau may have some discrepancies or differences with the other. To be sure, it’s best to get a copy from all three credit reporting agencies. Now that you have a copy of your credit report in your hands, what’s next? How can you examine your credit report correctly to make sure that it is accurate and error-free? This credit report guide will focus on how to read and understand all information contained in your report.
Your Credit Report:
Your credit report is divided into four categories – your personal information, credit history, public records and inquiries. Don’t overlook checking if all details listed under your personal information are correct. For example, is your name displayed correctly? Is your Social Security Number correct? What about your address? Driver’s license number? Employer? Date of birth? Contact numbers? Double-check if all the information are correct about you.
