Equifax Credit Report

Since 1899, Equifax is providing reliable credit information in a way that has earned the trust and confidence of consumers and businesses so it's important to review your Equifax credit report to understand what it says about your financial track record.

It's one of the major credits reporting along with experian and transunion. The contents of Equifax credit report is divided in five parts which are your personal information, inquiries, your credit history, public record information, and your overall credit score. In this the first part is your personal profile in which you will find name, spouses name, current and former addresses, birth date, employment history and social security number and when you look on your credit report then make sure the information is accurate.

In next part, you will find the inquiries section were you can see everyone over the last two years that has requested your credit report. In this you will find two types of inquiry on your Equifax credit report: hard and soft. A hard inquiry is one made by a company and initiated by you, like when you apply for a mortgage or credit card and soft inquiry does not show to creditors unless you request it and made by existing creditors who are monitoring your credit.

In third portion you will find credit history and public records which will include that how you have done in terms of paying, all late payments, and information about how the account is paid.

In Last you will find your credit score that shows how great of a credit risk you are and what the chances are that you may default on a loan. Most lenders will use the credit score as factor in y our loan application. The higher the score on your Equifax credit report, the less risky creditors will consider you. This credit report offers immediate online access to your user-friendly credit report, Details of credit cards and loans opened in your name complete breakdown of your payment history, then Negative account history to identify items that may be adversely affecting you and record of companies that have reviewed your credit file.

You can have free Equifax credit report if you want which can help you in getting knowledge about your financial status and credit report.