The 3 Main Credit Bureaus

Credit Bureaus

Credit bureaus are like any other business in America–they want to make money. Yes, your credit data is used so others can profit. The bureaus collect and organize data and then sell the data to potential lenders. Lenders then use this information to determine if you are fit to handle the loan you are requesting.

The Big Dogs

Although there used to be countless credit bureaus, the three market-dominating bureaus today are Experian, Equifax, and TransUnion. Through mergers and successful business strategies, they have taken over the credit market. For this purpose, your credit repair will mainly focus on these three credit bureaus, however, we will discuss some benefits of learning about the smaller bureaus later.

Credit Repair Efforts

During credit repair, we work with Experian, Equifax, and TransUnion to improve your credit scores and remove outdated information. Knowing more about the credit bureaus will allow you to improve your credit scores more efficiently.