Major credit reporting agencies

Credit reports determine the interest you receive for your mortgages, loan amount, new credit cards etc. all your financial decisions are granted with the help of the credit report. The credit reports as per the FACT Act are provided free of cost once a year to the citizens of the country. The major credit reporting agencies entitled to provisioning the reports are
1.Equifax
2.Experian and
3.TransUnion

Initially these agencies have charged the consumers a fee for the services they provide up until the government made the provision of credit reports mandatory and free through the Federal law in 2004. These three agencies are the major credit reporting agencies not only in the US but also across nations. To receive your free credit report from these agencies you must request the reports from a centralized source. You may visit www.annualcreditreport.com online, or call 877-322-8228, or complete the form on the back of the Annual Credit Report Request brochure which you can mail to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA, 30348-5281.

Equifax:
Having been in business for over 107 years since its inception in 1899, Equifax has been providing solutions to businesses and consumers. They are truly a global company with their presence in almost 13 countries. They provide online solutions for their customers. Their other services include answering customer queries and solving their problems. They also provide a line-by-line comparison of the 3 credit reports so that the customer remains well informed. Their solutions help them to retain their position as one of the major credit reporting agencies around.

Experian:
Experian is a global leader with their existence in more than 30 countries and clients in over 60 countries. They provide analytical and information services to organizations and individuals helping them manage the risks and rewards of financial and commercial decisions. Experian also provides its users with the latest solutions and have maintained their position as a major credit reporting agency by continuously providing accurate information.

TransUnion:
As compared to Equifax the presence of TransUnion in this industry is fairly new, around 30 years, yet it has still achieved the notable position as one of the major credit report agency in the country.