There are a few different credit bureaus in the United States. The three most common are Equifax, Experian, and TransUnion.Each bureau collects financial data from different sources. Equifax, for example, collects data from credit bureaus, banks, and other lending sources. Experian collects data from credit bureaus, banks, and other lending sources. TransUnion collects data from credit bureaus, banks, and other lending sources.Each bureau uses different criteria for whether or not to approve a loan or credit application. However, all three bureaus generally use the same set of criteria for approving or denying a loan or credit application.The three most common factors that credit bureaus use to approve or deny a loan or credit application are the borrower's credit score, the borrower's debt-to-income ratio, and the borrower's credit history.Credit scores are a measure of a person's creditworthiness. A good credit score means that the person is likely to pay back the loan or credit application that he or she has applied for.A debt-to-income ratio is a measure of a person's ability to repay a loan or credit application. The lower the debt-to-income ratio, the better.A credit history is a measure of a person's creditworthiness. A good credit history means that the person has never been late on a loan or credit application.
