Credit Lock

In the U.S., three major credit bureaus to establish and monitor credit scores for millions of consumers.

The offices of the tree, TransUnion, Experian, Equifax and work with the creditor to keep track of the debt o consumer information, including accounts, total debt outstanding, history payments, and other information used to determine the creditworthiness of borrowers.

Paula de la Torre, editor of "Best Credit Reporting Services' Web site - rvices.com http://www.BestCreditReportSe - pointed;

"... While marketed as independent agencies, credit agencies have increasingly blurred ethical lines to generate more profits. Then they are loaded with personal data of millions of financial life, the offices now earn more money by selling offers of 'identity protection "mainly from consumers to ensure the security of information entrusted to them very with first ..."

Headquartered in Chicago, IL TransUnion is the smallest of the three major credit bureaus. Like others, he earns money by selling credit reports and offering a variety of other services to consumers and businesses. Like all credit bureaus, TransUnion is bound by the rules of the Act, the Fair Credit Reporting.

Experian is a multinational conglomerate with credit offices in 36 countries based in Dublin, Ireland. In addition to credit reports, Experian also collects data from living people, businesses, and other products through surveys and offline.

Equifax, based in Atlanta GA handles credit and debt information on more than 400 million people worldwide. Although primarily engaged in the transactions business-to-business, Equifax does not offer consumer products like credit monitoring and "credit lock" that limits the amount of other access to their credit.

"... The credit bureaus are large companies whose main objective is to make money for their investors. It is important that consumers understand their credit report can often contain errors or inaccuracies due to clerical errors, omissions and even outright fraud by identity thieves ... "P. de la Torre said.

Although the law requires that each office have fastening systems erroneous reports, credit bureaus do not check every piece of information in your report. It is your responsibility to ensure that this important information is correct and current.

Further information on how to obtain a detailed report including credit notes and as often as you like by visiting the site http://www.BestCreditReportServices.com