What is a credit bureau?
Credit bureaus, or credit reporting agencies, are basically clearinghouses for information about consumers credit. When you apply for credit, they provide this information to qualified requestors. There are three main credit bureaus: Equifax, based in Atlanta, Georgia; Experian, based in Allen, Texas; and TransUnion, based in Springfield, Pennsylvania.
Credit bureaus, or credit reporting agencies, are basically clearinghouses for information about a consumer’s credit history. When you apply for credit, the credit bureaus provide your credit history information to qualified requestors. There are 3 main credit bureaus: Equifax, Experian, and TransUnion.