Equifax is one of the three major credit reporting agencies. Because of its national accessibility, a large number of lenders may pull your credit report and associated score from Equifax. In general, you will not know for sure until you have denied a loan or have not been offered the best interest rate possible. For whatever reason, Equifax seems to be used more in the Midwest than anywhere else.
No matter what credit reporting agency a lender pulls your score from, there are a few things that you can do to improve your score. Start by pulling your credit reports from all three major agencies and correcting any errors that you may find. If you have any negative entries that will be falling off soon, wait until then to apply for a loan. Next, pay down your credit card debt. Ideally, you should have a credit card balance that is under 30 percent of your total limit. These three simple steps can mean the difference between denial and approval or could lower your interest rate by a few points.