Who Are The 3 Major Credit Bureaus?

When it comes to applying for a small business line of credit or a even a small business credit card, the 3 major credit bureaus play an important role in the decision that your bank makes regarding your application for credit.  Aside from simply gathering financial data about your small business, each of the major credit agencies also supplies financial institutions with information about the creditworthiness of your small business.

While many small business owners have felt the sting of a rejected credit application, Most small business owners never even realize why they may have been turned down for a small business loan. In order to break this cycle, you must educate yourself about the 3 major credit bureaus.

Who the 3 major credit bureaus are…

• Experian
• TransUnion
• Equifax

Each of these credit agencies have been around for a long time and set the standard for credit record keeping and recording. It's safe to say, If you have a delinquent financial account, they will be among the first to know about it. When rejected for credit, you will be able to see which of the 3 major credit bureaus was consulted about your credit history.

In order to find out who the 3 major credit bureaus actually are and how to contact them to remove inaccurate financial information from your small business credit reports once and for all by read: Who Are The 3 Major Credit Bureaus