Trimerge Credit Report

Written by Jessica Duquette
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A trimerge credit report is just an industry term for a report containing data from all three major credit bureaus. Purchasing a home can be very frustrating for first-time home-buyers. Knowing all the terminology and jargon from the finance world is nearly impossible. This site will hopefully outline the important terms, making it easy for you to talk to your lender.

Know the Language

Credit reports, FICO scores, TransUnion are all words you are likely to hear when talking about taking out a loan. Whether you are looking to purchase a home or a vehicle, your credit history will tell the bank whether or not you are worthy of the money. Educating yourself on the importance of credit reports will help you when dealing with the lender.

A trimerge credit report includes all of your credit history from three different sources. TransUnion, Equifax and Experian are all credit bureaus that report monthly on each and every consumer. While the data differs slightly from each bureau, your score paints a clear picture of your buying and paying behavior.

A Trimerge Credit Report Measures Risk

Banks and lenders need to understand the risk involved when offering you money. If they think you may not be responsible enough to pay back the money you have borrowed, they are likely not to accept your loan application. Your credit report, income and incurred debt are all factors that help the lender measure risk.

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