3 in 1 Credit Report: an Unbiased Report Available Free of Cost

A credit report plays a crucial role in approval and denial of your loan application. As before approving your loan applications lenders analyze and verify your credit report to judge your credit worthiness. If they find your scores and credit satisfactory only then your application is approved and otherwise it is rejected. So it is important for you to access your credit report if you are willing to apply for loans. The good thing is that it is available free of cost and anyone can apply for it.

Credit reports are issued by three agencies namely Equifax, Transunion and Experian. The information provided may differ from each other. 3 in 1 credit report is therefore prepared to make it more transparent and error free. Also it enables lenders and borrowers to access all the three report in one.

The credit report not only serves borrowers but also acts as a guide for lenders to know the financial and credit standing of borrowers. And borrowers can know their credit scores and improve them if necessary. The 3 in 1 credit report classifies a borrower a good or bad creditors.

The 3 in 1 credit report gives lenders a detailed account of your past credit and payment patterns. It shows bad credit like arrears, late payments, CCJs, IVA, bankruptcy and repayment defaults made by borrowers. Such defaults are considered unfavorable. If you have such defaults in your report then they will show up negative and affect your credit scores. The 3 in 1 report enables you to cross check and analyze all the three reports so that you can check the missing facts. This will allow you to improve your credit records.

3 in 1 credit report can be applied online also. You can easily register yourself by filling a simple form. Most importantly you will not be charged any fee because these reports are available for free. Now what are you waiting for just apply immediately and know your credit worthiness!