Why do we need credit reporting?

Credit reporting is needed because it provides the information that helps consumers make purchases, secure loans, pay for college educations, and manage their personal finances. Credit reporting makes it possible for stores to accept your checks, banks to offer credit and debit cards, businesses to market products, and corporations to better manage their operations to benefit the world's economy. Since 1899, Equifax has provided reliable and accurate credit information in a way that has earned the trust and confidence of businesses and consumers. We believe it is important for you to review your Equifax Credit Profile at least once a year to reduce the element of surprise, and to keep you informed of the current status of your credit worthiness. To order a copy of your personal Equifax Credit Profile, click here.

 

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