Equifax, Experian and TransUnion are three main credit bureaus or credit reporting agencies that are working these days. These agencies or bureaus gather information about consumer credit and different landlords, lenders, utility companies and insurers use the information to decide about the approval of some loan as well as determine interest rates. While on the other hand, the same information are used by the consumers as they help them to manage their financial profile in a better way. Aside from getting credit information, these credit reporting agencies distribute the information to different institutions. These three credit bureaus separately and independently collect their information that’s why your credit scores may appear different in different report from these bureaus. Let’s talk about these credit bureaus.

Equifax

Equifax has been conducting this business for more than one hundred years. The headquarters of the company are in Georgia, Atlanta and it also has several offices in many other countries of the world. Equifax caters large as well as small businesses and provide assistance to individual consumers to get right credit reporting. However, one shouldn’t reckon that their every report is error free, but they provide good assistance to instantly correct your credit report.

Experian

Experian is the other major credit bureau that focuses on to offer different business services to companies. Experian is paid by these companies as to get creditworthy leads for preapproved offers and direct mailing. ContractorCheck is another service of this credit bureau that can be very helpful for people who look for related information prior to employ some contractor to know about its licensing status and other such details.

TransUnion

TransUnion started its operations in 1968; the company has been headquartered in Chicago, Illinois. This credit reporting agency keeps the record of those millions of those consumers who live somewhere outside the United States. People who want to get a lot of information and educational materials can get a lot of educational material related to credit management and many other financial issues. Their Credit Learning Centre can give you necessary details about your frequently asked questions.

There are many lenders that get the copies of credit reports from all three major credit bureaus while there are some who request for credit report to one particular credit bureau. Consumers can also get free copy of their credit report from all these three major credit bureaus and can manage their financial affairs in a better way.