Do all 3 credit bureaus have the same information on file?
No, because lenders send information to some and not others. Credit bureaus receive more than two billion pieces of data each month, so it’s a given that mistakes are going to happen. Credit reports are available from 3 main reporting agencies: Equifax, Experian, and TransUnion, and these “big three” do not exchange information with each other. Therefore each of the 3 credit bureaus may have different information about your credit history, depending on who and what was reported to them. What is on one credit report may differ from another. This is why a merged credit report or 3-in-1 credit report has become a popular method for consumers to obtain their credit information. A merged or 3-in-1 credit report basically “merges” the information found on all 3 credit files.
Related Questions
- Whats in it for the credit reporting bureaus?: Besides the hope that your undying gratitude for the free glimpse into your credit file will inspire future business transactions that help drive revenue?
- Do all three credit reporting bureaus have the same information on file?
- Do all 3 credit bureaus have the same information on file?
