Credit Reference Agencies are those companies which Keep the date of the borrowing history of each and every loan applicant and are used by many lenders to determine the real credit worthiness of loan applicants.
They also keep the records of all the credit agreements that borrowers did in the past. They hold the credit record for 6 years for each and every credit transaction. The credit reference agencies have nothing to do with the approval or denial of a loan application. They just provide the essential information about the loan applicants upon which lenders make a decision whether to approve the loan application of people or not.
The best way to get a credit report is to apply for it online. You can get your credit report from all three credit reporting agencies - Equifax, TransUnion, and Experian. Once you land on the website of the credit report agencies, fill up necessary information related to your identity such as your name, address, date of birth, social security number and many others and get reports quickly.
They also keep the records of all the credit agreements that borrowers did in the past. They hold the credit record for 6 years for each and every credit transaction. The credit reference agencies have nothing to do with the approval or denial of a loan application. They just provide the essential information about the loan applicants upon which lenders make a decision whether to approve the loan application of people or not.
The best way to get a credit report is to apply for it online. You can get your credit report from all three credit reporting agencies - Equifax, TransUnion, and Experian. Once you land on the website of the credit report agencies, fill up necessary information related to your identity such as your name, address, date of birth, social security number and many others and get reports quickly.