The disadvantages of Experian are that unlike FICO, Experian is rarely used as a stand alone tool to make decisions about credit.
Even lenders which review credit reports in detail would rather go off of a borrower's numerical score and often look at results from all 3 credit bureaus and not just Experian.
Multiple credit applications can negatively affect your score, regardless of whether they're successful.
This is because each application records a hard search on your report.
Try to only apply for credit you're eligible for.
You can trust Experian as they are a legitimate and trustworthy company that has been around since 1996.
Experian is a multinational data analytics and consumer credit reporting company that is headquartered in Dublin, Ireland.
Experian collects and aggregates information on over 1 billion people and businesses including 235 million individual U.S. consumers and more than 25 million U.S. businesses.
The credit scores and information from Experian and other Credit Bureaus are accurate.
Credit scores from the three main bureaus (Experian, Equifax, and TransUnion) are considered accurate.
The accuracy of the credit scores depends on the accuracy of the information provided to them by lenders and creditors.
You can check your credit report to ensure the information is accurate.
Getting your credit score from Experian and other credit bureaus will never hurt your credit score and, in fact, checking your Experian credit report can help you protect your credit and promote long-term credit score improvement.
Experian takes your privacy and security very seriously.
When experian requests any personal information from you, it is to provide you with safe and secure access to features on Experian Connect, such as ordering your credit report.
Under no circumstances will experian resell or provide your personal information to any third-party marketers.