The Credit Bureaus collect and store reported information from area lenders. Computer applications configure collected data to facilitate a record that can be sold to lenders who inquire.
Inquiry is the time you or another requested to review your credit information. With an inquiry the Credit Bureaus computer programming draws from available data to generate your report and a score. If the Credit Bureau has received new information from the lender it is likely the report will change to include this addition.
Their are three different Credit Bureaus (Experian, Trans Union, Equifax) who generate a different report depending on the information stored in their programming. Lenders will report updates with consumer accounts to the Credit Bureaus on a varied schedule.
Does the credit account lender report to all 3 Credit Bureaus fairly often? This is an imperative piece of determining accuracy with monitoring your report. Once you have your credit information, you are able to determine your personal needs.
https://homecarepath.sharepoint.com/Pages/CreditRepairNerdsWisconsin.aspx works with a consumers credit information to fix reported history and improve scores. We are in the business of managing your credit report to improve your borrowing outcome.
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