Who tracks all of your credit information?Question 9Answera.Credit reporting agencies (Equifax, Experian and TransUnion)b.Federal governmentc.Consumer Financial Protection Board (CFPB)d.Lenders
Question
Who tracks all of your credit information?Question 9Answera.Credit reporting agencies (Equifax, Experian and TransUnion)b.Federal governmentc.Consumer Financial Protection Board (CFPB)d.Lenders
Solution
The entities that track all of your credit information are the credit reporting agencies, which include Equifax, Experian, and TransUnion. These agencies collect and maintain information about your borrowing and payment activities. This information is then used to calculate your credit score, which lenders use to determine your creditworthiness. So, the answer is a. Credit reporting agencies (Equifax, Experian and TransUnion).
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