TRW (Experian) Credit Report

July 28, 2010 - PRLog -- Experian (formerly known as TRW) is one of the three leading credit reporting agencies that offers, among other services, credit reports at the request of creditors or consumers.

Shawn William, chief editor of "TRW Credit Report" website - http://trwcreditreport.net - pointed out,

"...By law, every eligible US citizen is now entitled to obtain a free credit report from TRW or any of the other 2 credit reporting bureaus. This free credit report has extensive list of financial information regarding individual credit records and transactions such as payment history and even bank balances..."

The standard Experian credit report will have information about a borrower's payment histories with credit card companies, banking institutions, and other lending agencies. It may also record the payment history and note any late payments, balances due, and bank account numbers. Personal profiles like social security information, spouse information, mortgage, tax liens, court judgment and even bankruptcies are also essential data included in this report.

These records will be the basis for a credit score that determines a consumer’s eligibility to receive credit or get denied which in turn may influence the outcome of the applied loan.

Frank, editor of "Credit Score Scale" website - http://credit-score-scale.com - highlighted,

"...If you are thinking of applying for a loan, it will be a good idea to first check where you stand on the credit score scale. This 3-digit number is one of the most important factors used to determine whether the individual meets the criteria for a credit and at what interest rate..."

Basically a lending institution will use the credit score along with other factors when evaluating the risk factor. As such, it is vital to know where you are on the scale can have a huge effect on the interest rates you’ll get.

Experian can be contacted at 1 888 EXPERIAN (1 888 397 3742) by any individual to get immediate access to a free credit report.