3 in 1 credit report and its usability

No one will be contented to see just one third part of their medical report or the inspection report about their car. So why should we be satisfied to get just one credit report out 3 available. Single credit bureau report may not be covering the all aspects of your credit worthiness. So to get the complete view of your credit history, 3 in 1 credit report will be the best option.

Before taking a loan, the lender what exactly he does check your credit worth ability. There are three major type of Credit Agencies that check or count your credit score and update your credit report from time to time. Generally borrower goes to one credit agency to update the credit report. May be some lender go to the particular bureau and some lender may opt for another bureau. So there is little bit confusion that which credit agency borrower has to choose.

The evaluation of credit standing is done according to the need of lender. If someone choose only one credit bureau to update his credit information it’s not sufficient. Because One Bureau could miss out any important information that can be a great impact on his credit report. In such case 3-in- 1 credit report help borrower to update right and correct information.

Why we need 3 in 1 Credit Report:

1. Such type of credit report gives a comprehensive look to report that how lenders see it.


2. It also help borrower to escape identity theft.


3. It helps you to improve your credit worthiness and complete all your debts.


4. It helps to give us the accurate credit report


5. It’s enhancing the financial strength for a borrower.

By using such type of report a potential lender can check your credit information and all related information directly. Almost 70 %( According to U.S. PIRG) of agency having error while updating the credit report that 3 in 1 Credit report reduce such type of risk. And not also your 3 in 1 credit report gives you information but it’s also providing you a clean and understandable format. Other side you can go for comparative check if you are having all three reports in your hands.

What necessary information a credit report have:

1. Any credit account that has been opened by your name


2. Subsequently checking by credit agencies or lender that has been done time to time


3. Any other loan e.g. home loan, Personal loan that you have taken in past


4. A complete breakdown for your payment history


5. A line by line comparison report that all three credit agency done based on your existing information

Why 3 in 1 credit report is better than a single credit report:

These three credit agency having different type of information which they gather based on exist data and they don’t share all information to each other. So the Personal and Financial information that a credit agency is having may not be same that other credit agency having. A 3-in-1 credit report lists all of your credit accounts, which allows you to quickly view how all three federal credit bureaus are reporting your credit.

There are so many sites where you can get it 3&1 credit report that could be free or there may be some charge to view the same. 3-in-1 credit report is the way to move forward if you are to avail a loan. But be sure that you seek the report from an online agency, as the report generation is fast.