Your credit report is a summary of your credit history. Your credit report is created when you borrow money or apply for credit for the first time. Lenders send information about your accounts to the credit bureaus, also known as credit reporting agencies.

Who compiles the information contained in a credit file?

There are three credit reporting agencies, or credit bureaus, in the United States: Experian, Equifax, and Transunion. Each of these credit reporting agencies compiles your credit information from various reporting sources, such as lenders, into a credit report.

Where does the information from your credit report come from?

Lenders send information about your accounts to the credit bureaus, also known as credit reporting agencies. Your credit score is a three-digit number that comes from the information in your credit report. It shows how well you manage credit and how risky it would be for a lender to lend you money.

What kind of information does an Equifax credit report include?

Credit account information This information is reported to Equifax by your lenders and creditors and includes the types of accounts (for example, a credit card, mortgage, student loan, or vehicle loan), the date those accounts were opened, your credit limit or loan amount, account balances, and your payment history.

Is the credit score the same as the credit report?

While these reports are more or less the same, some lenders only report information to one or two of the bureaus instead of all three, so there can be some variation. Your credit score is a three-digit number that’s based on the information in your credit reports.

What do you need to know about your Experian credit report?

All Experian credit reports contain the information you need to assess your entire credit history. The following is a representation of the types of information you would see on your Experian credit report. Personal information is only used for identifying you, and is not considered in any scoring models.