Borrower's Credit History

A consumer credit report is a document that contains a record of an individual's credit payment history. The fist time you open a credit account in your name you begin building your credit history. Most lenders report credit payment information to credit bureaus which is then reflected on your personal credit report. Potential lenders are permitted by law to review your credit report to determine whether to grant you credit.

There are three major credit bureaus in the US: Equifax, Experian, and Trans Union. They are in the business of gathering, maintaining, and selling information about consumers' credit histories. The larger lenders are likely to send credit reports about consumers to all three agencies but smaller businesses may only report to one of the agencies. You can order a comprehensive report that consolidates data from all three credit bureaus and review your personal credit report.

The QSpace.com 3-in-1 Merged Credit Report contains information from all three credit bureaus. The report is delivered by US postal mail. The cost is only $29.95 including shipping. This service is best for people who have never seen their credit report before or are in the process of getting a loan.

The following credit report services are also available online:

ConsumerInfo.com
ConsumerInfo.com will give you a free copy of your credit report (from one of the credit bureaus) but it is offered with a 30 day trial membership in their credit monitoring service. If you do not want to use their credit monitoring service you must remember to cancel your membership or your credit card will be billed for the cost of the credit monitoring service.

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