This credit bureau makes complete record of consumer’s credit history. It prepares their credit reports which represent each salary detail of that individual. This credit reports also maintains individual’s personal information like name, official and residential address.

There are three main credit bureaus named as Equifax, Experian and Transunion which makes credit report. These bureaus collect data from borrowers/creditors, debt accumulation bureaus and courts. After collecting reliable credit information, these firms accumulate it into precise credit report that shows the creditability of an individual. Usually these credit reports statements are evaluated by creditors before they think about credit extending.