Lexington Law

A Historical Look at the Two Most Powerful Sources of Personal Profiles

 
Credit reports constituted people’s most comprehensive profiles before Facebook’s rise to prominence. Today, Facebook commands a treasure trove of personal information about its approximately 1 billion users, but the impact of credit reports hasn’t waned; in fact, it continues to grow as technology makes the reports ever-more accessible to consumers, lenders, and employers. The impact and significance of credit reports can be difficult to grasp. The following compares the history and impact of the generators of your financial and social profiles, the three big credit bureaus — Equifax, Experian, and TransUnion — and Facebook.

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<div align="center"><a href="http://www.lexingtonlaw.com/blog/credit-report-2/credit-bureaus-facebook.html" title="Credit Bureaus and Facebook"><img src="http://www.lexingtonlaw.com/blog/wp-content/uploads/2012/06/Credit-Bureaus-and-Facebook.jpg" width="650" alt="Credit Bureaus and Facebook" /></a><br />Provided by: <a href="http://www.lexingtonlaw.com">Lexingtonlaw.com | Credit Repair</a></div> </p> <p>

You’re certainly not the first person to think, “I want to clean my credit up, but I don’t know where to start.” Unless you enjoy perusing the pages of federal consumer laws in your spare time, you may be unsure of what resources are available to help repair your credit. Fortunately, the laws on the books are designed to protect consumers and will help you achieve your goals – whether those goals are to qualify for a house or new car or just avoid another credit card rejection.
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