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Provides credit and identity verification data. Innovis is a subsidiary of CBC Companies.
What are the top consumer reporting agencies?
There are three big nationwide providers of consumer reports: Equifax, TransUnion, and Experian. Their reports contain information about your payment history, how much credit you have and use, and other inquiries and information.
Is innovis a real credit bureau?
Innovis is the credit reporting division of CBC Companies and is considered the fourth largest consumer credit reporting agency in the United States, behind the big three Experian, TransUnion, and Equifax.
Do lenders use Innovis?
Similar to Experian, Equifax, and TransUnion, Innovis collects and provides credit information about individuals to creditors, lenders, and other businesses that use this data to assess creditworthiness and make informed decisions about extending credit.
Which credit bureau is most accurate?
Although Experian is the largest credit bureau in the U.S., TransUnion and Equifax are widely considered to be just as accurate and important. When it comes to credit scoring models, however, there is a clear winner: FICO Score is used in roughly 90% of lending decisions.
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