Equifax is one of the famed â€œbig threeâ€ credit reporting bureaus and they provide consumers with access to a large amount of credit information. Though they do offer other services, their primary product is the equifax-report”>Equifax credit report, which fills consumers in on their FICO credit score, as well as all of the other information that prospective lenders and employers have access to. When most customers choose to get a credit report, they choose the Equifax report because of the clarity and simplicity that it provides in comparison to the other credit reporting agencies.
Why will my Equifax credit history report include?
When you purchase an Equifax credit report, you are paying for information and a little bit more. The most important thing that you will receive is immediate access to your online credit report and your FICO score through the Equifax website. This means that you will not have to wait for a report to come in the mail in order to know what your creditors know.
You will be able to see whether or not you have a good payment pattern, if you have excessive inquires, and any other paying habits that you might not be aware of. This will give you all of the information that you need in case you have to contact the creditor in charge of one of your former accounts.
In addition to that, the Equifax credit report will break down, in simple terms, the things that you need to understand and take away from the credit report. Often times, these reports can give you information that is difficult to understand. Equifax makes sure that you know exactly what is going on with your bankruptcy score or anything else in the report. Not only will you have the information, but you will have a clear explanation of what each part of your report means and how it impacts your credit score.
Equifax is popular because they provide something known as an â€œInteractive Score Simulatorâ€ in order to help consumers understand their credit score. With this tool, you have the ability to see how a given action might impact your credit score. From there, you can start a plan to get your credit back in order. Perhaps you need a secured credit card or you might have to start rebuilding your credit through a high interest credit card. Whatever the case, the Equifax credit report will help you get started on this.
The primary Equifax credit report that you will find on the website is called ScorePower. This is their basic package that gives you access to whatever you need. On the site, you will see that there are options for other packages, as well. When signing up for the ScorePower report, which costs $15.95, you will be prompted to sign up for these other products, as well.
You likely wonâ€™t need those other products, such as credit score monitoring, because having access to your credit report will give you the ability to monitor it for yourself. In addition, you will be happy to know that when you get your Equifax credit report online, it gives you excellent customer support, as well as the ability to quickly and effectively dispute any inaccurate portions of the report.