3-in-1 Credit Report

The merged report of the three credit bureaus will give you the true picture of your credit report. Lenders usually check your 3-in-1 Credit report to check your credit worthiness.

This report is formed by the data provided by all three national credit bureaus-Experian, Equifax, and TransUnion.

Equifax (full name Equifax Inc.) is one of the "big three" credit reporting agencies in the United States, as well as operating in Argentina, Brazil, Canada, Chile, El Salvador, Italy, Peru, Spain, United Kingdom and Uruguay. Like their main competitors, Experian and TransUnion, along with providing the reports to potential creditors, they also market their credit reports directly to consumers.

Certain things have to be studied while going through this report:

Make sure all three credit bureaus are reporting your correct name, address, and employer

Make sure all three credit bureaus are reporting accurate information.

Watch out for inaccuracies that could negatively impact your credit standing.

Study detailed information about all of your loans and credit card accounts.

If you find any incorrect addresses, it indicates that an identity thief has redirected your mail to a false address.

Get detailed information about all of your loans and credit card accounts. Is the account open or closed?

* What is your monthly payment?

* What is your total balance?

* What is your maximum limit?

Watch out for names of companies that are not familiar-if you haven't authorized the inquiry, it may be a sign of fraud.

Discover who's been looking at your credit report.

Watch out for accounts that are not familiar-these could be accounts that were opened fraudulently in your name.

Have you ever had any late payments? Make sure the information is accurate and up-to-date, consistent between bureaus.