FEATURED CREDIT CARDS

Milestone Gold MasterCard®

Milestone Gold MasterCard®
  • Quick & easy application
  • Pre-qualification available
  • All credit types considered
    *See Card Terms

Capital One® Platinum Credit Card

Capital One® Platinum Credit Card
  • Pay no annual fee
  • Platinum Benefits
  • For people with limited credit
    *See Card Terms

Indigo® Platinum MasterCard®

Indigo® Platinum MasterCard®
  • Fast application process
  • Don't need perfect credit
  • No security deposit
    *See Card Terms

Which Credit Cards use Equifax?




Equifax, along with Experian and TransUnion, is a consumer credit reporting agency. Equifax is the oldest of the three agencies, and its tasks include gathering and keeping track of credit information on over 400 million consumers all over the world. The company has been in business of keeping tabs on people's spending since 1899. It may sound like Big Brother but the fact is, that credit bureaus like Equifax hold the golden ticket to your financial future. A decent credit rating from a company is an open door to all the important financial milestones. Purchasing a home, a car, starting a business... all of these life steps are worlds easier when you have a credit organization like Equifax behind you. The bottom line is, judicious use of credit cards can go a long way toward improving your credit score and Equifax will track that for you.

You may or may not know that different cards report their records to different credit bureaus. Each of the three bureaus has a different means of determining your credit rating, and for this reason, you may have a better score from one or another of the bureaus. One of the most important parts of managing your credit is keeping on top of your rating. Knowing which bureaus your card or cards report to is a first step.

Almost all of the major credit card companies report to Equifax, including American Express, Discover, Chase, Citibank and Credit One. One thing to be sure to watch for, if you are interested in keeping your credit rating as high as possible (and, who isn't?), is cards that fail to report your credit limit to Equifax. Part of what determines your credit rating is how much of your available credit you use each month. Cards that neglect to provide this information to Equifax or any of the other bureaus can greatly harm your credit rating. If you spend one to two hundred dollars out of an available credit limit of five thousand, your credit rating will rise. However, if the credit card company doesn't provide the information of your five thousand dollar limit, your credit report shows that you have spent one to two hundred dollars over your non-existent limit. This always results in a negative rating.

Credit ratings and the credit industry in general can be tricky to understand and manage, but keeping up with your cards and how they can help you is worth the trouble. Equifax is an excellent company with a long history of responsible reporting.

About the Author:
Paul Basco Provides Expert opinions and reviews to help you Compare and Apply for a Credit Card Offers online. At GettintingaCreditCard.com, we offer no annual fee credit cards, low apr credit cards, fair credit credit cards and much more.









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FICO Credit Scores

A credit score is a number generally between 300-850, based on a statistical analysis of a person's credit files. This score represents the credit worthiness of a person. A credit score is assigned to each individual, to rate how risky a borrower he or she is--the higher the score, the less risk the individual poses to creditors. In most cases, your credit score will determine whether you will be approved for a credit card.

What is a Credit Score?

A credit score is a number generally between 300-850, based on a statistical analysis of a person's credit files. This score represents the credit worthiness of a person. A credit score is assigned to each individual, to rate how risky a borrower he or she is--the higher the score, the less risk the individual poses to creditors. In most cases, your credit score will determine whether you will be approved for a credit card.

Credit Score Facts

  1. Credit Scores range from 300-850, the higher the better.
  2. Most lenders base approval on your credit score.
  3. Higher Scores mean lower payments and better deals.
  4. Higher Scores mean Lower interest rates.
  5. Scores are determined by 5 main categories:
    • Payment History
    • Amounts Owed
    • Length of Credit History
    • Type of Credit Used
    • New Credit

Note: Credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any credit card product.

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The card offers that appear on this site are from companies from which www.Gettingacreditcard.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). www.Gettingacreditcard.com does not include all card companies or all card offers available in the marketplace.