What Is a Credit Report?

A credit report is a track record of both your personal and financial credit information. Which includes information taken from public records, personal identification and debt information.

The three credit bureaus

There are three (3) major credit bureaus: Equifax, Transunion and Experian.

Each one of the three major credit bureaus will reflect at least one-third of your total credit history. If you are requesting a credit card, someone can look at your Equifax report and find nothing that would keep the credit card company from issuing you the card. However, they might also look at your other reports, Transunion and Experian, and find flaws in your credit file.