Which creditors use only equifax

Knowledge Center. Your Equifax credit report contains the following types of information: Identifying information This section of your Equifax credit report includes personal information, such as your name, address, Social Security number, and date of birth. Credit account information This information is reported to Equifax by your lenders and creditors and includes the types of accounts for example, a credit card, mortgage, student loan, or vehicle loan , the date those accounts were opened, your credit limit or loan amount, account balances, and your payment history.

Bankruptcies Your Equifax credit report contains information about bankruptcy public records and related details such as the filing date and chapter type of bankruptcy.

Collections accounts This includes past-due accounts that have been turned over to a collection agency. Related Content. Checking your score with any of these services, whether a FICO or educational score, has the added benefit of giving you a rough idea of where you stand and what you can do to improve your score.

This is a BETA experience. You may opt-out by clicking here. More From Forbes. Nov 11, , pm EST. Nov 11, , am EST. Nov 10, , pm EST. Nov 10, , am EST. Edit Story. Jan 6, , pm EST. Personal Finance. Follow me on Twitter or LinkedIn. Check out my website or some of my other work here. Approaching your credit limit will not negatively impact your credit scores. Even if you pay off your credit cards every month, if your credit utilization ratio is high, it may impact your credit scores.

Your credit utilization ratio represents how much revolving credit you're using compared to the total amount available to you. Revolving accounts, such as credit cards or personal lines of credit, do not have a fixed number of payments. Installment loans, such as vehicle loans, do.

When you pay your vehicle loan in full, the account would be closed and marked as paid. Keep in mind there are many different credit scoring models with different ways of calculating credit scores.

You can dispute items on your Equifax credit report. If you see information on your Equifax credit report you believe is inaccurate or incomplete, contact the lender or creditor.

You can also file a dispute with Equifax or, if your credit report was furnished by another credit bureau, with that bureau. They might also weigh your information differently depending on the type of credit account for which you've applied. For example, let's say you're going to buy a house. When mortgage lenders review your credit history, it's likely they'll use a credit score formula tailored to determine what kind of risk you'll be for a mortgage loan.

The formula may weigh pieces of your credit history differently in order to test for that risk factor. The same may be true if you apply for an industry-specific line of credit, such as a personal credit card or an automobile loan. Your credit scores might also differ based on which credit reporting agency your lender uses. Since each agency independently determines your credit scores based on the information in their individual databases, there may sometimes be slight discrepancies.

Some lenders also only report to one or two credit reporting agencies, which means your credit history could look different from agency to agency. Additionally, your lender might be viewing a consolidated score that draws from all three credit reporting agencies or even using their own in-house scoring model.