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Is there really a 4th reporting credit agency
Is there really a 4th reporting credit agency?
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3 Replies
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Yes there is.
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TFC and Innovis are lesser known to the Big 3. They can provide factual reporting on the consumer’s history. Experian and TransUnion provide a full overview of an individual’s credit health. Still, monitoring your credit with any agency is mandatory, as each has its strengths.
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About the Credit Reporting Agencies
Experian is one of the largest credit bureaus. It provides various reports and scores, credit monitoring, and identity theft protection services.
TransUnion: Some other products that complement credit reporting include monitoring one’s credit or identity on this platform.
Equifax: This includes providing credit reports, credit scores, credit monitoring services, and even identity theft.
Innovis: Often considered the fourth bureau, Innovis also collects and stores consumer credit information. It is less popular than the Big Three and less frequently relied on by lenders, but it does affect your profile nonetheless.