Credit reports can be confusing. But have no fear: Our Credit.com experts are committed to demystifying credit for you. We can break down the firms responsible for compiling your credit reports — mainly Equifax, Experian and TransUnion (affectionately known as the major credit reporting agencies). We can also explain how to read and interpret your credit report, how banks and financial institutions use your credit information to make lending decisions and how your credit reports influence your various credit scores. You can also get easy-to-understand explanations of what factors influence your credit report, including payment history and credit utilization, and tips on how to improve it by viewing your free credit report snapshot, along with two free credit scores, updated every 14 days. With our snapshot, you’ll be able to discover how certain financial decisions and actions can affect your credit report and receive advice on how you can go about cleaning them up.