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Your Equifax credit report is just one of
three that make up an entire debt picture. This report shows all
activity, past and present, from open credit cards to those accounts
that have gone to collection. The Equifax credit report can be a
valuable tool to use when considering your overall financial picture.
Since banks are the most common lender,
whether through loans or credit cards, they use the facts from an
Equifax credit report to determine if they will do business with a
potential borrower. The person applying for the credit card or car loan,
should be as informed of their current status as the lenders they want
to borrow from. It is every one’s right to know just what is on their
credit report to see exactly what their creditor sees.
You can obtain a 3-in-1 report and
determine your overall FICA score and get an even clearer picture of
your outstanding bills. Your Equifax credit report is just one of these
three, and without it you cannot make a determination of your rating or
get a clear picture of your financial portfolio. |
