The Three Credit Bureaus



There are three major credit bureaus active today. These are Equifax, Experian, and TransUnion, and they're more important than you might think. What a credit bureau does, primarily, is collect information on how consumers around the country use credit. They gather the credit information of individual consumers and issue reports on it, such as a person's Credit Report, which is used by creditors like credit card companies, lenders, insurance companies, landlords, and so forth to decide whether or not to extend credit to somebody.


This guide has been written to inform you about getting the right credit card to suite your personal needs. There are hundreds of types of credit cards it is imperative you select the correct card. Selecting the correct credit card could save you hundreds of dollars in the long run or give you rewards such as free travel, appliances and other benefits.


For businesses that have bad credit and are trying to get a loan, there is good news. There is a way to fund your business without having to go through all the rigorous requirements needed to get a bank loan.