Question

There are four main credit reporting agencies, one of them is beacon

A) Equifax
B) Experian
C) TransUnion
D) Beacon

Answer 1

The four main credit reporting agencies are Equifax, Experian, TransUnion, and Beacon. Beacon is a credit scoring model developed by Equifax.

Step-by-step explanation:

The four main credit reporting agencies are Equifax, Experian, TransUnion, and Beacon. Beacon is not one of the main credit reporting agencies; it is a credit scoring model developed by Equifax. The correct answer to the question is A) Equifax.