Which Credit Bureau Is Most Used For Auto Loans?

Which Credit Bureau Is Most Used For Auto Loans?

According to Experian, there are more than 2 million active auto loan accounts in the United States. That’s why we wanted to know which one was the most popular.

The three major credit bureaus — Equifax, Experian, and TransUnion — all offer free reports on your credit history. They also provide information on how to improve your score.

Experian.

Experian has been providing consumers with credit scores since 1899. It offers free access to its consumer credit report at Experian.com/FreeCreditReport. You can also find out what type of credit card you qualify for by visiting Experian.com/ApplyNow.

TransUnion.

If you’re looking for an auto loan, you should check both Experian and TransUnion. They offer different services and will provide you with different results.

Equifax.

Experian has been providing credit reports since 1899. It offers free access to its credit report through its website. You can also request a copy by calling 1-888-EXPERIAN (1-888-372-3742).
TransUnion provides free access to its credit reports through its website. You must sign up for a free account before requesting a copy. To do so, visit www.transunion.com/free_account.
Equifax provides free access to its consumer credit reports through its website at www.equifax.com/creditreport.

FICO.

FICO scores range from 300 to 850. A score of 700 or higher indicates an excellent chance of getting approved for a car loan.

VantageScore.

VantageScore is a credit scoring system developed by Fair Isaac Corporation (FICO). It measures consumers’ financial history and current debt levels to determine how likely they are to repay loans.