09 mar Are credit checks required? Dependent on the financial institution, a credit check might be needed.
The financial institution may check always your credit with all the current main credit reporting agencies including Equifax, TransUnion, and Experian - or they could look at your credit with just one or not one of them. In addition, you can find alternative credit reporting agencies such as for instance ChexSystems and Clarity Services who give attention to credit information maybe maybe not open to the main credit bureaus. For instance, ChexSystems centers around bank overdraft information while Clarity Services concentrate on subprime lending.