A 3 in 1 credit report score contains information about your credit history and about your credit score. The report will provide this information from each of the three major credit bureaus in the United States so that you can get a full picture of everything that a lender sees when he checks your credit, no matter which reporting agency that lender uses to look into you.
Your 3 in 1 Credit Report Score Contains Account Details
Your 3 in 1 credit report score will contain details on all of the credit accounts that you have. This will include mortgages, credit cards, student loans, personal loans and any other kinds of debt that you have taken out and that are reported to the credit bureaus. The reports contain not just information on open accounts, but also information on accounts that you have closed and that are no longer active. This paints a full picture of your credit and of the length of your borrowing history for lenders.
Your Reports Contain Information On Payment History
One of the most important things that lenders look at is the information on your credit report that deals with your payment history. A 3 in 1 credit report score will contain details about your track record of paying all of the accounts that you have. This means that lenders can quickly see if you have ever been late on a payment. If you have been tardy at paying a bill, the report will detail whether you were 30 days late, 60 days late, 90 days late or more.
A 3 Score Credit Report Also Has Your Score
In addition to having a list of all of your accounts and details about whether you have paid them, a 3 in 1 credit report score will also provide to you information on the credit score that each of the credit bureaus has assigned to you.
The credit bureaus have their own proprietary formula for scoring your creditworthiness based on your payment history; the amount of your credit you use; the mix of different kinds of credit that you have; the age of your accounts; and the amount of new credit that you have recently applied for. For most lenders, the scores are the most important part of your credit report since they provide a shortcut way of knowing whether you are a good credit risk or a bad one. As such, you should look carefully at your scores when you check your record to see whether you are doing well or have some work to do to become a better borrower.
Checking all of your scores from each of the bureaus is easy with a 3 in 1 credit report score, so visit Credit Report 123 today to get started and see how lenders will view you if you try to borrow.