An agency which collects and sells information about the creditworthiness of...
Any person which, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purposes of furnishing consumer reports to third parties, and which uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports. (www.ftc.gov/os/statutes/fcra.htm)
Any person or organization that regularly prepares consumer reports and furnishes them, either for profit or on a cooperative, nonprofit basis, to other persons or organizations. Also called a credit reporting agency. See also Fair Credit Reporting Act (FCRA).----------[ Back
An organization, commonly referred to as a credit bureau, that prepares credit reports which are used by lenders to determine a potential borrower's credit history. The agency obtains data for these reports from a credit repository and from other sources.
A credit bureau that gathers and provides information about individuals - such as if they pay their bills on time or have filed bankruptcy - to creditors, employers, and landlords. Companies that perform pre-employment screening services are also considered CRAs and are governed by the FCRA, as are the employers that use background screening services.
An organization that prepares credit reports for lenders to determine the credit history of a potential borrower.
Organizations which handle gathering and reporting of information about an individual's credit history.
A private company which acquires and reports credit histories of individuals to parties requesting the service. Federal regulation requires IV-D agencies to report delinquent responsible relative account histories when specific criteria are met.
A consumer reporting agency is any individual, partnership, corporation, trust, estate, cooperative association, government or governmental subdivision or agency, or other entity which, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports.
An firm that prepares reports that are used by brokers and lenders to determine a potential borrower's credit history. The firm may obtain data for reports from a credit repository and other sources.
An organization that prepares reports that are used by lenders to determine a potential borrower's credit history. The agency obtains data for these reports from a credit repository as well as from other sources.
An organization that handles the preparation of reports used by lenders to determine a potential borrower's credit history. The agency gets data for these reports from a credit repository and from other sources.
A company that provides information to credit providers to assist in the decision to extend credit.
Also known as a bureau, a Credit Reporting Agency tracks payment history, account activity and other relevant public records for the purposes of determining credit worthiness of individuals. For example, Baycorp
An organization that creates reports used by lenders to help determine a potential borrower's credit history. The agency gets this information from many sources.
An organization that prepares reports that lenders use to determine a potential borrower's credit history. The agency obtains data for these reports from a credit repository as well as from creditors such as mortgage lenders, credit card companies, department stores, etc.
A company that gathers and records personal credit histories and provides credit report information upon request. CRAs are subject to the Fair Credit Reporting Act (FCRA) and they make sure that only companies with a legitimate business purpose can view your credit report. There are three major credit bureaus: Equifax, Experian (formerly TRW), and TransUnion.
See credit reporting agency.
See credit reporting company.
A consumer reporting agency is a third party agency that provides brokers and lenders with information regarding potential borrowers' credit histories.
Also known as Credit Bureau. The source to which the banks or other lenders turn for information on the credit history of an applicant.
A company which regularly gathers, files and sells information to creditors to facilitate their decisions to extend credit.
A company that prepares detailed reports used by lenders to determine a potential borrower's creditworthiness. These agencies obtain data for these reports from a credit repository as well as from other sources. More Commonly referred to as credit bureaus.
Any party that regularly assembles or evaluates consumer credit information or other information on consumers, either for profit or on a cooperative, nonprofit basis, for the purpose of furnishing consumer credit reports to other people and organizations.