Which comes first....Transunion, Equifax or Experian? Which is the main and most important one?

Question

Just wondering because my Transunion fICO is 584 and that's just an estimate courtesy of my credit co. So I want to know which is the order the Credit Beaureaus are in.

Answer 1

There is no first each lender uses one of the 3 and your scores should be close on all three, you legally are allowed to access your credit report once a year and can do that at free credit report dot com, look for inaccuracies and challenge them, also if you have credit cards never use more than 1/2 half of your credit line as this will take points off your FICO the longer you have good standing accounts the higher your FICO will go but it's important you make sure your report is accurate

Answer 2

Experian is the most used. Equifax is number two and TransUnion is third.

Most lenders will choose one of the three to use. For instance when applying for a car loan the bank may say that they use your Experian credit score.

Some lenders do an "average." In other words they take all three scores - add them together and divide by three. This gives them a general average. Because of this you'll want to keep all three as up to date as possible. If you notice any errors get them taken off right away.

Hope this helps!

Answer 3

I was under the impression that they all do the same thing... but it is important to check with each of them (such as in instances when you've experienced identity fraud) because they display some varying information from one another. Most of the information is the same... but they work to cross check each other.

Answer 4

Which came first: I neither know or care.
Which is the main or most important: ALL of the above AND NONE of the above.
There IS no order. Each creditor can use any or all of the reports.