What Credit Bureaus Do Credit Card Companies Use?
credit card and hand image by Warren Millar from Fotolia.com jQuery(document).ready(function(){ jQuery(‘#jsArticleStep1 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/a06/10/rp/credit-credit-card-companies-use_-1.1-800X800.jpg’); }); Applying for New Credit When you apply for a credit card, the lending bank will check your credit reports and your credit scores. If your reports and scores meet the lender’s requirements you will be approved for credit. If you do not meet their requirements you will be denied. There are three main credit bureaus, and each holds its own version of your credit report, and credit score under your name. Prospective lenders may check all three credit bureaus or just one. There is no industry standard, and the choice of which bureau to check is left up to the lender. Equifax credit card image by jimcox40 from Fotolia.com jQuery(document).ready(function(){ jQuery(‘#jsArticleStep1 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/a06/10/rp/cr
