Home Buying Terminology - Credit Bureaus

An A-to-Z review of common terms you'll encounter during the home buying process.

Credit Bureaus -- Credit bureaus are private corporations that maintain records on nearly every American with a credit history. There are three credit bureaus: Experian, Equifax and TransUnion.

When you hear the phrase "pull your credit," it means to request your credit report from one or more of the big credit-reporting companies or bureaus.

Your credit report is like a report card on your past credit practices, usage, etc. Your credit report leads to your credit score, which is what lenders use when deciding whether or not to give you a loan.

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