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What Are The Three Credit Bureaus?

What Are The Three Credit Bureaus?

If you are looking for credit repair information, the first thing that you need to know is what are the three credit bureaus. These credit bureaus are Equifax, TransUnion, and Experian. You will be given the names of the credit bureaus when you open a credit card account. The names of the credit bureaus may vary slightly from lender to lender.

To find out more about the credit repair process you can visit any of the websites of these three credit bureaus. From the homepage, you can find out what your credit score is, if you have been turned down for credit or if you are on time with your payments. When you go to the credit report, you can check to see what errors you have made and ask for them to be corrected. You can also dispute incorrect items on your reports. When you are working with the credit bureaus, you should always follow their instructions and be very patient as this may take some time to get accomplished.

When you have completed the credit repair you should make sure to get copies of all three reports. You should review each one of them carefully and contact the reporting bureau that has the error to notify them about the error. You should also keep track of the creditor that turned down your request for credit. This will help you in case they do not turn down the credit again. It can also help you in case they do and you can get a letter from them letting you know that the creditor has been turned down for credit.

What Are The Three Credit Bureaus?

If you need to raise your credit limit then you will need to contact the credit bureau that turned down your request for credit. You should ask them to change the status to open instead of closed. After you have done this you should call the creditor and tell them that the status has been changed and give them written proof. You should continue to work with the creditor and write them a letter informing them that you have done everything possible to get your credit repaired. You should then send them the updated copy of your credit report and any additional information that is requested on it. The credit bureau will ask you for proof of your account status and this is where it gets tricky.

If you have been looking at your credit report for quite some time then you should be able to spot the mistakes easily. If you spot errors then make sure you tell the credit bureaus about it. You should not ignore them as they will not take it lightly and you could face legal action. The first thing you need to know is that it is important for your credit repair. This means that even if you find a mistake on your report you should still work to fix it because the longer you wait the worse it will get.

In conclusion, if you want to know what are the three credit bureaus and how can they affect your credit then you should look at your credit report very carefully. Look for all the obvious mistakes and inconsistencies but do not stop there. Even if you find one error or another, try and work to get it sorted out as much as you can. The more you tell the credit bureaus about errors on your report the better chance you have of fixing them or just contact us today to take care of it for you. Then you will see that working to fix your credit is in fact very important and will benefit you in the long run.