Which of the following is a common credit score agency?

The correct answer is Equifax, as it is one of the major credit reporting agencies that provides credit scores and reports used by lenders to evaluate an individual’s creditworthiness. Credit reporting agencies, including Experian, Equifax, and TransUnion, play a vital role in the credit system by collecting financial data, including credit history and payment behavior, to generate credit scores.

The Better Business Bureau, while an important organization for business ratings and consumer protection, does not deal with credit reporting or scores. Therefore, it is not classified as a credit score agency. Understanding the function of credit reporting agencies is key to managing personal finance, as your credit score can significantly impact your ability to secure loans and achieve favorable interest rates.