Most people have a credit report, but how many actually know what goes into them? If you listen to educators at the top three credit bureaus — Experian, Equifax and TransUnion — the answer is: not many.
“People don’t understand what is actually included in their credit report,” says Demitra Wilson, director of media relations at Equifax. Consumers will stress over details that aren’t even included and will get themselves into trouble over urban myths like the tale of the magically disappearing delinquency.