Each consumer has three credit reports--one from each of the three credit bureaus. Because the information contained in each of your credit reports varies, you may wish to purchase a tri-merge credit report.
Significance
A tri-merge credit report is a report that contains the data from all three of your credit reports combined into one.
Facts
You can purchase a tri-merge credit report from any of the three credit bureaus-- Experian, Equifax or TransUnion. You may also purchase a tri-merge report from third party credit report providers.
Benefits
Tri-merge credit reports reduce confusion by outlining all of your accounts and which bureaus are reporting them. This prevents you from having to pull and compare three different reports.
Considerations
Although the Fair Credit Reporting Act states that each consumer is eligible for one free credit report from each credit bureau per year, this does not include tri-merge reports.
Misconceptions
The credit scores provided with any tri-merge credit report you purchase are only "educational" scores. They are not the same scores used by lenders. You may purchase your actual Equifax and TransUnion scores from myFICO.com. Experian no longer sells scores to individuals.
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