Mississippi Challenge to Credit Report of Experian, TransUnion, and/or Equifax

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US-1162BG
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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.
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FAQ

When you are applying for a mortgage to buy a home, lenders will typically look at all of your credit history reports from the three major credit bureaus ? Experian, Equifax, and TransUnion. In most cases, mortgage lenders will look at your FICO score. There are different FICO scoring models.

Your Experian score may be higher than what another credit bureau shows because Experian calculates credit scores using its own unique scoring model.

The primary credit scoring models are FICO® and VantageScore®, and both are equally accurate. Although both are accurate, most lenders are looking at your FICO score when you apply for a loan.

To freeze your credit, you have to contact each of the three credit bureaus individually. Placing a credit freeze is free for you and your children, as is lifting it when applying for new credit.

The Fair Credit Reporting Act (?the FCRA?) provides a process to remove inaccurate items from your credit report. This includes consumer reports from TransUnion, Experian, and Equifax but also includes any other report that employers or creditors may use to track your history.

Which of the three credit bureaus is the best? Of the three main credit bureaus (Equifax, Experian, and TransUnion), none is considered better than the others. A lender may rely on a report from one bureau or all three bureaus to make its decisions about approving your loan.

If you identify an error on your credit report, you should start by disputing that information with the credit reporting company (Experian, Equifax, and/or Transunion). You should explain in writing what you think is wrong, why, and include copies of documents that support your dispute.

Which of the three credit bureaus is the best? Of the three main credit bureaus (Equifax, Experian, and TransUnion), none is considered better than the others. A lender may rely on a report from one bureau or all three bureaus to make its decisions about approving your loan.

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Mississippi Challenge to Credit Report of Experian, TransUnion, and/or Equifax