I work for a company that reports customer account activity to all 3 credit reporting agencies (Experian, TransUnion, EquiFax) which requires a lot of effort and opens us up to a lot of risk if care isn't exercised; which got me thinking:
Why as a business would you bother reporting to TransUnion and EquiFax when it seems like reporting to Experian alone would be enough. Would a credit score be hurt more by reporting the same non-payment to all 3 instead of just 1?