What is a Credit Report?

Local Bureaus: In addition to the Big Three there are many companies that combine Experian, Equifax and Trans Union reports into one credit report or might use one and incorporate it into something like a rental report.

Local Bureaus: In addition to the Big Three there are many companies that combine Experian, Equifax and Trans Union reports into one credit report or might use one and incorporate it into something like a rental report. If all three are combined into one report, this is called a “trimerge”. Trimerges are usually used in mortgage lending. Since the trimergers parrot the Big Three, you should concentrate your efforts on Experian, Equifax and Trans Union and the others should fall into place. Hopefully now you understand what is a credit report.

Credit Bureaus You Didn’t Know About:

  • Check Screening – Certegy Check Services (Website: AskCertegy.com); ChexSystems (Website: ConsumerDebit.com); TeleCheck (Website: FirstData.com/telecheck).
  • Business credit: Dunn Bradstreet – reports on the creditworthiness of businesses.
  • Medical history: Medical Information Bureau – compiles and stores your confidential and private medical information for use by insurance (Website: MIB.com). These can easily help you understand what is a credit report and gain useful insights on medical history information.
  • Rental reports: Various companies. Typically combine civil and criminal case information with a single CRA’s credit report. Contemporary Information Corp. (Website: CICreports.com); CoreLogic SafeRent (Website: residentscreening.com); First Advantage Resident History Report (Website: FADV.com); Leasing Desk (Real Page) (Website:RealPage.com); Tenant Data Services (Website: TenantData.com).
  • Employment History Reports. Accurate Background (Website:AccurateBackground.com); EmployeeScreen (Website: IQ EmployeeScreen.com); HireRight (Website: Hireright.com); First Advantage (Website: FADV.com); Verifications (Website: Verifications Inc. ) and many others can help you understand what is a credit report.