What Credit Bureau Does Bank of America Use?

Bank of America may reference any or all of the three of the major credit bureaus -Experian, Equifax and TransUnion- for consumer credit reports. The reports generate a 'financial snapshot' of an individual's creditworthiness to make decisions in granting loans, credit cards and bank accounts.

Payment history, total debt, length of credit history, new credit accounts and inquiries and types of credit used are the five main factors that calculate a person's credit score. While the credit score reported by each bureau, known as a FICO score, may be different -as they are updated at various times- they are usually similar.