Dear Speaking of Credit, I read recently in a Million Mile Secrets story that says some folks avoid Capital One cards because they pull three
main credit bureaus when they process your application.
Not exact matches
Best - known for being one of the three
main consumer
credit reporting
bureaus, along with Equifax and Experian, Transunion raised $ 664 million
when it went public in June.
While there can be differences in the information collected by the three
credit bureaus, there are five
main factors evaluated
when calculating a
credit score:
Lenders typically choose to pull a single
credit report from one of the three
main bureaus when evaluating a new account application.
Essentially,
credit bureaus will look for five
main characteristics
when determining how high your
credit score will be.
The NYT reported on a woman who received an $ 18 million settlement from Equifax, one of the three
main credit bureaus, because they confused her with another woman of the same name and didn't take action
when the woman tried to fix the problem.
The
main difference between debit cards and secured
credit cards is that
when you use the latter to make purchase, your transactions are reported to the three
credit bureaus.
The
main issue is that they pull all three
credit bureaus, so keep that in mind
when applying.