What is a Credit Reporting Agency?
Short answer-a data warehouse.
Companies who wish to extend credit to consumers voluntarily report information to one or more of the Credit Reporting Agencies.
Lenders provide the following information to the Reporting agencies
Can I access this information?
You are eligible for a free copy of your credit report from each of the 3 major credit reporting agencies, Equifax, Experian, and TransUnion annually.
To request a copy visit: www.annualcreditreport.com
Note this will not include your FICO score.
What is a credit score?
Your score is an algorithm derived number that takes into account your credit information and give lenders a snapshot of your creditworthiness.
I already know my score. I got it from
What Score do the Lenders use?
Mortgage Score-FICO Classic