Merged Credit Report

Written by Jessica Duquette
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A merged credit report takes the data from the three main credit bureaus and combines them into one legible and accurate report. Most financial institutions choose one of the three credit bureaus for information on their borrowers. However, given that each of these three reports can often supply varying information, the most conclusive results come from a report where all three bureaus merge their data.

Equifax is the first of the three national credit bureaus. Founded in 1899, Equifax has evolved into a 5,000 employee corporation that operates in thirteen countries. Equifax was also ranked in the top five in return on equity, which proves how accurate their information is.

What Causes Discrepancies?

The second of the national credit bureaus who participate in a merged credit report is Experian. Experian's credit report on a certain consumer could be different than one reported by Equifax. Depending on the time the report is ordered, any changes that may have occurred may or may not be present.

The last of the three national credit bureaus is TransUnion. In 1968 the Union Tank Car Company created TransUnion as a parent holding company. It has since evolved to a leader in managing risk, preventing fraud and enabling consumers to get the help they need, when they need it.


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