You have no doubt heard of the top three consumer credit reporting bureaus – Equifax, Experian, and TransUnion – but not many have heard of Innovis. Considered “the fourth credit bureau,” Innovis is becoming better known as consumers and businesses seek an alternative to the three credit giants. Providing services to both sides of the market, it is positioned to gain customers from those who are unsatisfied with how giant corporations tend to lose and misuse information. While you may not have heard of Innovis, you should know they do hold your credit information. Therefore, if you have an inquiry regarding your report, or a change that needs to be made, Vivix Credit Solutions can work with Innovis to have the error removed or item fixed as deemed by the law.

Innovis was founded in 1970 as ACB Services and it wasn’t until 1997 that it received its current name. The business continues to grow and puts more than 50 years of credit information services to work in continued development for customer credit tools. Innovis considers itself providers of solutions that help businesses manage their relationship with consumers. They combine analytics and information in order to provide companies with details that will improve these customer relationships. According to its website, some offerings other that basic credit reporting include authenticating and preventing identity fraud, and better understand and managing current customers. While many consumers have not heard of Innovis, it remains a player in the credit bureau industry and it’s always good to know what their files say about you as a consumer and possible credit risk.

Whether you want to finance a new home or buy a new dishwasher for the one you’re already living in, credit makes the world go round. We all have a credit file that reports the history of our payments and charges, as well as a credit score that sums up our credit risk and worthiness to creditors and businesses who want to conduct business with us. Although some companies will rank employment stability and income above a credit score, it’s still important to know what is on your report so that you can make changes if errors are discovered. The vast majority of credit reports do contain errors, even if just typos.

In 1971, the government enacted the Fair Credit Reporting Act. This keeps credit bureaus from grossly mismanaging your personal data and it also affords you the right to access your file and request changes to inaccurate information. Vivix Credit Solutions can therefore help you remove negative reporting notations from your history, and will work with all of the credit agencies to rebuild and repair credit that is less than 100% positive. Because of the FCRA, credit reporting agencies are required to respond to all requests to view or modify your file within a reasonable amount of time, which allows us to get your credit in good shape quickly so you can regain the financing power you deserve.