A credit report is a record of how well a consumer pays his bills and manages debt. Lenders use this record when determining whether to lend the consumer future credit. More »

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According to MyFICO, the three credit bureaus that determine an individual's FICO score, Equifax, Experian and TransUnion, are equally accurate. They are also typically similar, as the same mathematical equation is used ... More »

There are three companies that track consumer credit history and produce reports: Equifax, TransUnion and Experian. Reports are purchased by contacting each company through its website, on the telephone or by writing to ... More »

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To improve your credit score, review your credit report, dispute any discrepancies, pay off overdue debt, leave paid-off accounts opened, and pay all bills in a timely fashion. Professional assistance is also available t... More »

www.reference.com Business & Finance Credit & Lending

Like other debts, unpaid medical bills can affect a consumer's credit rating and appear on his credit report. However, as of 2015, Fair Isaac Corporation, Equifax, Experian and Transunion have made changes to their syste... More »

www.reference.com Business & Finance Credit & Lending

Boost your credit score by getting a credit card, maintaining a low "credit utilization ratio," keeping the number of accounts with debt to a minimum, paying bills on time and leaving current credit accounts open. This d... More »

www.reference.com Business & Finance Credit & Lending

A credit score is improved by always paying bills on time, keeping debt on credit cards low, and avoiding opening unnecessary lines of credit. It is also important to obtain a credit report and correct any errors, make p... More »

www.reference.com Business & Finance Credit & Lending