What is created when raw data is pulled from two or more major credit repositories?

When raw data is obtained from two or more major credit repositories, a merged credit report is created. This report combines the individual credit information from various reporting agencies, which may include details such as credit accounts, payment history, and public records.

The purpose of generating a merged credit report is to provide a comprehensive view of an individual's creditworthiness as evaluated by multiple sources. This is particularly useful for lenders who want a fuller picture of a borrower's credit history and risk assessment.

The terms used for similar concepts can sometimes lead to confusion. While a consolidated credit report may imply a summary of data from different sources, it does not necessarily reflect the individual details integrated from each agency as a merged credit report does. Similarly, a comprehensive credit report usually suggests a more detailed and wider scope than simply merging data, and a summarized credit report would present only key highlights rather than integrating all available data from multiple sources. Thus, the term "merged credit report" accurately captures the essence of what occurs when information is combined from multiple credit repositories.