Equifax is EVIL -- they are trying to steal money.
Recently while I was checking over my credit report in preparation for an Auto Loan, I checked with all 3 credit bureaus looking for my Score.
All of them were accurate EXCEPT for Equifax . . . they had on my report that I had a delinquent account that I owed about $5, 000 on. It turned out that it was my mother's account and I was an authorized user in case of an emergency.
I immediately called the Credit Card company to dispute with them. Their explanation was that they had submitted to all 3 agencies. This is a tactic that CC's use on Authorized users hoping to shame them into assuming the debt of the card holder. After speaking with a rep of the CC, he said that he would transfer me to Equifax in order to have them remove it from my CC report.
First after listening to about 10 minutes of computerized prompts that kept going into a circular pattern and not getting a rep on the phone, I hung up and searched for a number online.
I call Equifax, get them on the phone and that's when a HUGE lightbulb goes off in my head. I'm complaining about the report and the woman launches into a speech about Credit Monitoring and how they'll freeze my account and notify me (with their service of course) if anyone tries to put anything untrue on my report all for the lovely fee of $15 a month.
That's when I realized that the other bureaus hadn't done what Equifax did. The other Agencies knew that I wasn't the card holder and didn't put it on my report. Equifax allowed it to be put on my report in the hopes that I would sign up with their program.
If you think that being put on as an Authorized user doesn't affect your credit, I will tell you the numbers. On Transunion without the report, myFico score was 782. With the report on Equifax, myFico Score was 675. It doesn't take a genuis to see the numbers clearly.