CreditGuyInDixie ... great list! In my research to put "freezes" on anything I could find my list grew to thirty-three different "Information Gathers" and "Credit Bureaus" by legal definition.
It became quite overwhelming to say the least. I stopped at the list you have set forth. Note, there is growing concern over the Medical Information Market place and there lack of availability to the consumer yet, they seem to share informational data with outside sources such as the Medical Information Bureau (our medical records in some cases) which may affect our lives related to insurances as an example (actually some insurance companies do pull from MIB).
Discover pulled my Innovis when I applied.
So did USBank.
I heard of them when I was researching my Authorization with Discover, Discover card sent out a letter to me, stating they send information to the following Bureaus (Big 3) Plus Innovis. Went to the Innovis website, inputted my information and they sent me a credit report, no score. The weird thing is the Discover account showed up on their report that I am authorized on but not my personal Capital One account, I assume Cap1 doesnt report to them. I didn’t bother disputing the information since I don’t really think anyone uses them at all, as I checked inquires on the report and there were none.
Can Innovis become a big 3 bureau, replacing the dumpster fire that is Equifax?
OP.....I have heard of Innovis before, as well as others including LexisNexis, but I have never heard them refered to as a major CRA. I think their relevence is about the same as the VS 3.0 credit score. There are just too many of the little known CRA's and credit scores to keep tabs on IMHO, unless you are denied credit approval based on a pull from that beaureau. For the record, I have never seen anyone post that they were denied credit based on a pull from Innovis on any board, but to be fair, people do not usually post which beaureau their credit was pulled from when they receive a denial. When you are denied credit based on a credit pull, the law requires that the CRA pulled be provided to the consumer, and often it is even provided when approved. It is my understanding that even LexisNexis is more relevent to the consumer as it is often used to set your rates on auto insurance. I think the Innovis report would be seriously lacking in info, because many lenders do not report credit info to them, and the vast majority do report to the 3 major CRA's. In my opinion, it is not worth the effort to pull that report unless you receive a denial based on a pull from them, just as it is worth little to get a VS 3.0 credit score. The following identifies 6 other credit reporting agencies, but strangely does not include LexisNexis.
I have a current Innovis report from early March. I scanned the inquiries page and erased personal info before posting. I got a Cash+ card back in June/July 2018. There were no US Bank inquiries for the card however I got a PLOC in February and it seems they did pull Innovis for that. What I can't figure out is the what seems like a HP from Goldman Sachs. I do play with prequals all the time and I have filled out info for Marcus. I have never applied and have been to that prequal plenty of times. Maybe it was coded wrong?