Half of Americans Are Making a Huge Credit Mistake. Are You? | Student Loan Hero: Do you know what’s on your credit report?
Three credit reporting bureaus — Equifax, Experian, and TransUnion — are storing detailed information about your spending and borrowing history right now. This information is used by all kinds of companies to make decisions about how much to charge you for everything from personal loans to car insurance.
If you aren’t keeping tabs on your credit report, you have no way of knowing what’s on it. But far too many people aren’t giving their credit report the attention it deserves.