Equifax Guides

What Is Equifax?

What Is Equifax?

Equifax Inc. is one of the largest Credit Reporting Agencies or credit bureaus in the United States of America. However it also operates in fourteen other countries in the world. The credit bureau was founded in the year 1899 and is the oldest among the three credit rating agencies in the United States. Equifax Inc. started operating under the name of Retail Credit Company during its inception. However it later changed the name to Equifax in order to improve its image in the market.

Credit Reports 101

Credit Reports 101

A credit report is a comprehensive and precise account of the financial history (particularly related to credit) of a person. All the main financial transactions including history of borrowing, repayment and bankruptcy is detailed in this report. The report is helpful for lenders when they decide the creditworthiness of a borrower. These reports are acquired by the lenders from companies such as Equifax, TransUnion, and Experian which are called Credit Bureaus.

Credit Inquiries And Credit Scores

Your credit score is determined by many factors including the inquiries made by lenders or credit…

Advantages Of A Good Credit Report

An excellent credit report leads to exceptional financial outcomes in the future. Credit reports …

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