A facility that maintains credit records any persons who have used credit or asked for credit. Lenders and other and other credit grantors may subscribe to a credit bureau in order to verify a prospective borrower's credit rating and credit risk.
A clearinghouse for credit information. Credit grantors provide the credit bureau with information on how their credit customers pay their bills and the bureau compiles information as a resource for credit grantors. Customers may review their own credit file at any credit bureau location.
Institution that tracks and reports the manner in which borrowers repay their loans.
Firms, like Experian or Equifax, that gather information about your finances, especially loans you have taken out. In turn, they sell the information to businesses and lenders, which helps them decide if they will approve your loan or sell an item like a house or car to you.
A private firm that collects information about how people handle credit, and then sells that information to other private firms. Regulated by the Fair Credit Reporting Act. Also called a credit reporting agency.
A company that handles information about people’s credit history and report.
A company that creates the credit reports that are utilized in determining the borrower's creditworthiness.
A credit – reporting agency that provides financial information about potential borrowers to lenders. Information in a credit file is obtained from lenders, banks, court records, and other sources. Also known as a National Credit Repository.
A credit bureau or credit reporting agency is an organization that compiles the data contained in a consumer's credit report based on information provided by creditors, financial institutions, public records, and businesses.
Institution that holds consumer credit files. The records maintain may be accessed by consumers applying for credit or lenders looking to make a decision on lending.
An organization that collects credit information and organizes it into a credit report.
An agency that checks credit information and keeps a complete file on people who apply for and use credit.
A credit-reporting agency that gives financial information about potential borrowers to lenders. Currently, there are three companies that maintain national credit-reporting databases: Equifax, Experian, and Trans Union.
An organization that collects and stores credit information about individual borrowers and for a specified fee, supplies tit to financial institutions that request it.
a private firm that maintains consumer credit data files and provides credit information to authorized users for a fee
a business organization that puts together information for your credit file, keeps it up to date, and makes it available for a fee to lenders, insurance companies, and potential employers
a business that provides information on past credit behaviour to help companies make decisions when providing a credit facility to a customer, But, there is still confusion about the role the bureaus play
a clearinghouse for credit information about consumers
a company that collects and sells information about how you manage your credit
a company that collects, updates, stores and sells credit and other information about an individual
a company that is in business to provide credit reports
a company that maintains and distributes a consumer's credit information
an agency that accumulates information about consumers and compiles an official report
an agency that collects information about your credit behavior
an agency that gathers and stores credit history about consumers, and makes that information available to lending institutions
an agency that keeps records of consumers' credit information, including past payment history, debts, employment, and public records (bankruptcies, judgments, tax liens, etc
an entity that gathers information about consumers' credit histories
an information clearinghouse that compiles information on consumers
a primary source to obtain the above sensitive information about an individual
a private business that acts as a clearing house for credit information
a private company (not a government agency) that records and sells information about you and your credit history to potential lenders, employers and even landlords
a private, profit-making company that collects and sells information consumers credit history
a private record keeping business that maintains information about and how you use credit to pay your bills
An organization that provides lenders with with credit information concerning existing or potential customers who are looking to obtain credit services.
A business that maintains a database with each person's credit history. There are 3 major credit bureaus, each with their own data.
Firms that gather information about your finances, including loans you have taken out. They then sell the information to businesses and lenders for their reference in approving purchases or loans.
Most Credit Reporting Agencies are credit bureaus that gather and sell credit-related information about individuals to creditors, employers, landlords, and other businesses. Information includes whether the individual pays bills on time or has filed bankruptcy.
It is an agency that keeps the record of all credit transactions done by a person. Also known as credit reference agency.
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. debt An amount owed to another. See installment loan and revolving liability.
A credit bureau keeps a detailed record of your credit history. Creditors can access this data when considering your application for credit, and they base their approval decision on this information. If you are denied credit, you are entitled to a free copy of your credit report within 60 days of the denial under the Fair Credit Reporting Act.
An organization that compiles credit information on individuals and businesses and makes it available to businesses for a fee.
There are 3 main companies that collect and sell information about consumers credit. They create reports that creditors use to make decisions about if, and how much money to lend via credit card or mortgage – any type of loan. These three companies are Equifax, Experian (formerly TRW) and TransUnion.
A company such as TransUnion, Equifax, or Experian that gathers information about customers' credit repayment histories in order to provide lenders (for a fee) with information they need to analyze credit applications.
Companies that gather information on consumers who use credit and sell that information in the form of a credit report to credit grantors.
A reporting agency that assembles information on borrowers to help lenders evaluate credit worthiness. You are entitled to see your credit report and dispute or add to the information you feel is erroneous. Your objection(s) must be filed in writing with the report.
An agency that compiles and reports financial information to lenders and other creditors. Information may include a borrower's payment habits, number of credit accounts, account balances, place and length of employment and records of financial transactions.
A for-profit company that is in the business of accumulating, storing, and distributing credit information
An agency that complies data on an individual's credit history and, upon request, distributes a report to potential creditors.
Refers to a group of local merchants or a company or the local credit bureau. The company is supposed to provide credit reports to its members. Most of the local credit bureaus have been taken over or affiliated by TransUnion, Equifax and Experian.
A company that produces, maintains, and provides credit histories on consumers and businesses.
An organization that gathers, records, updates, and stores financial and public records information about the payment records of individuals who are being considered for credit.
An agency that maintains individual credit files on consumers. There are three credit bureaus in Canada.
A company that collects and organizes information about an individual’s credit and payment habits. The 3 national credit bureaus are Experian, TransUnion, and Equifax.
credit reporting bureau is an agency that keeps your credit record.
An independent agency that gathers and maintains information on the debts and repayment records of individuals and businesses.
Clearinghouse of consumer credit information used by businesses to determine the creditworthiness of borrowers.
A national consumer reporting agency. The three major credit bureaus are Equifax, Experian, and TransUnion.
An agency that maintains your credit history.
A company that receives information about a consumer's credit history, and keeps records that are available to others seeking information on that consumer. There are several companies that do this.
Credit bureaus and credit reporting agencies provide banks and businesses with a credit rating, which assists banks and businesses in deciding whether to issue a loan or extend credit. Credit Limit/Line of Credit An arrangement between a bank or credit card company and a customer which allows the customer to borrow up to a pre specified amount as determined by the lender.
An agency that collects, updates, stores and sells credit history information about individuals. Credit bureaus sell credit reports to potential investors interested in knowing an individual's credit history, issuing a credit score to reflect their creditworthiness.
An agency that keeps one's credit record.
Credit Bureaus collect and report vital facts about your financial habits; for instance, whether or not you pay your bills on time. These facts are then compiled into a "credit report," which can be accessed by potential creditors, employers, etc. The three major credit reporting agencies are Equifax, Experian and TransUnion You can contact them at the addresses below. Equifax P.O. Box 105873 Atlanta, GA 30348 1-800-685-1111 http://www.equifax.com Experian P.O. Box 2104 Allen, TX 75013-2140 1-800-682-7654 http://www.experian.com Trans Union P.O. Box 390 Springfield, PA 19064 1-800-916-8800 http://www.transunion.com
A credit-reporting agency that checks credit information and keeps files on people who apply for and use credit. The Credit Bureau produces a Credit Report, which is a record of a consumer's level of indebtedness and bill paying behavior. The agencies compile the report and release it to lenders and others as permitted by law.
A consumer reporting agency that collects and distributes credit and personal information to creditors. A credit report from a bureau might include payment history on loans and other credit accounts (such as credit cards), balances of accounts, and length and place of employment. Any default information on student loans would appear on a credit report for as long as seven years.
An agency that provides credit and collection data on consumers within a particular time frame (usually measured in years). This data comprises people's credit histories, and can be released in the form of credit reports.
A company that produces a credit score based on your financial information. If a credit card provider denies your credit card application, they must tell you which Credit Bureau provided the credit score. You also have a right to request one free credit score per year from a Credit Bureau.
a firm, which maintains credit reports on individuals and the use or abuse of the credit extended to them.
An organization that gathers, records and keeps financial and public records data about the payment records of persons being considered for credit.
An organisation that maintains a database on the credit history of data subjects in order to advise lenders and other interested parties of matters relevant to the status of the prospective client.
A credit bureau collects and sells information regarding people and their credit history. The company issues credit reports that list a person's creditors and their creditor's history with an individual.
An agency that compiles and distributes credit and personal information to creditors. This information may include payment habits, number of credit accounts, balance of accounts, and length and place of employment. Note: You have the right to examine your credit file and to explain or correct information. There is usually a fee for this, but there is no charge if you have been denied credit because of information in a particular credit bureau's file.
A company that gathers information on consumers who use credit and sells that information in the form of a credit report to credit lenders.
A company that collects and sells information about how people handle credit. It issues credit reports that list how individuals manage their debts and make payments, how much untapped credit they have available and whether they have applied for any loans. The reports are made available to individuals and to creditors who profess to have a legitimate need for the information. The three major national credit bureaus are Equifax, Experian (formerly TRW) and Trans Union.
or otherwise known as the Credit Reference Association of Australia. Lenders can obtain credit information on applicants.
An organization to which business firms apply for credit information on prospective customers.
A company or organization of local merchants that provides credit reports. In the past, most towns had their own credit bureaus. Today, however, most credit bureaus have been acquired by Experian, Equifax and TransUnion, and those credit bureaus that remain independent are associated with one of these 3 major credit bureaus.
An agency that keeps a record of your credit history.
An agency that keeps your credit record on file.
See credit reporting agency.
It refers to a credit-reporting agency that maintains the credit information of people who apply for and use credit. The credit bureau produces a credit report that is a record of your financial past.
See credit reporting company.
Also Known As: credit agency; credit reporting agency Definition: An organisation that provides information regarding the credit worthiness of an applicant.
Organization who compiles and records information about an individual's credit history. Their responsibilities include: supplying lenders with credit information on potential borrowers, receiving and recording information from creditors about consumer payment histories and spending habit, and offering consumer's individual copies of their credit file.
Agency that gathers individual credit information and sells it for a fee to creditors so they can make a decision on granting loans.
A private company that collects information about consumers from public records and reports from banks and other companies.
It is a clearinghouse for credit history information.
A private company that collects information about consumers from public records and reports from banks, creditors, etc.
The three main credit reporting agencies, or credit bureaus, are Equifax, Experian, and Trans Union. You can order a copy of your credit report (a nominal fee may apply) via telephone at: Equifax: (800) 685-1111 Trans Union: (800) 916-8800 Experian: (800)
An agency that collects and distributes credit-history information on individuals and businesses.
An agency that compiles, maintains and provides credit and other personal information to creditors. There are three major credit reporting agencies: 1) Equifax® P.O. Box 740241 Atlanta, GA 30374-0241 Phone: (800)-685-1111 2) Trans Union® P.O. Box 1000 Chester, PA 19022 Phone: (800) 916-8800 3) Experian® (formerly TRW) P.O. Box 2002 Allen, TX 75013 Phone: (888) 397-3742
A credit reporting agency that collects and sells information on how people pay their debts.
Governed by provincial laws, the Credit Bureau - the clearing-house of information on consumers' use of credit - provides a credit history, which is a list of facts about how you handle debt. This information is gathered from financial institutions, retailers and other lenders. Most of your credit information remains on your file for seven years. In addition to negative information, positive information is also reported on your file. You can contact me for more information regarding your credit report.
An agency t keeps your credit record.
An agency that gathers information about consumers' credit relationships and provides creditors with credit reports and scores on consumers.
An organization that keeps records of people's repayment histories (i.e., credit reports).
An agency that keeps your credit record; also called a credit-reporting agency.
An agency that gathers and stores credit information on individuals. When a credit report is needed for a loan application, a credit bureau produces it for the lender based on the gathered data. The lender reports to credit bureaus how much someone borrowed and whether that person makes payments when due. This information is then available to potential employers and creditors.
A credit-reporting agency that is a clearinghouse for information on the credit rating of individuals or firms. Often called a "credit repository" or a "consumer reporting agency." The three largest credit bureaus in the U.S. are Equifax, Experian and TransUnion.
An organization that gathers consumer credit information. There are three major credit bureaus: Equifax, Experian, and TransUnion.
A business that collects and sells financial and public information about the creditworthiness of individuals.
An organization licensed to collect and maintain credit and legal history on individuals and organizations. Whenever you apply for credit, the credit bureau is contacted to obtain information about your creditworthiness.
An agency that compiles, maintains, and distributes credit and personal information to creditors. This information may include a borrower's payment habits, number of credit accounts, balance of those accounts, place of employment, length of employment, and records of financial transactions. Lenders check with credit bureaus to learn whether a potential customer seeking a loan is likely to repay, based on the way other obligations have been handled in the past.
An agency that keeps your credit record. Specializes in collecting financial information about consumers, which it provides to lenders and credit issuers.
An agency that keeps consumers' credit records in its database.
This is the company that keeps your credit history on line.
A company that gathers and sells information about how individuals handle their credit.
A company that is engaged in the preparation of reports that are used by credit grantors to determine the credit and the public records history of an individual.
A data bank of information regarding the creditworthiness of individuals and/or firms. Also called a "credit repository" or a "consumer reporting agency".
an agency that gathers and stores credit information on individuals and has your financial history on file. This can include information on your loans, credit cards, place of employment, and student loan repayment history. This information is available to potential employers and creditors in the future.
An agency that collects and distributes personal credit information about consumers. A credit report from a bureau may include payment history on loans and other credit accounts (such as credit cards), balances of accounts, and length and place of employment. Any default information on student loans may appear on a credit report for as long as seven years.
An institution which collects and reports facts about your financial transactions and credit history. These facts are then compiled into a "credit report," which can be accessed by potential lenders, employers, etc. The three major credit reporting agencies are Equifax, Experian, and TransUnion.
An agency that researches the credit history of consumers so that creditors can make decisions about granting of loans.
An agency that complies and distributes credit and personal information to creditors. Such information may include payment habits, number of credit accounts, balance of accounts, and length and place of employment. You have the right to examine your credit file, to explain problems, and to correct information. There is usually a fee to request a credit report, but there is no charge if you have been denied credit because of information in the file.
An organization to which Lenders subscribe that holds credit information on individuals. For a fee, it is possible to obtain a listing that details your credit history.
A reporting agency that assembles credit histories on individual or business entities.
Credit bureaus are private companies that gather and sell consumers credit histories, including bankruptcy and tax lien data, to credit-grantors such as banks or credit-card companies. The 3 major credit bureaus are Equifax, Experian and Trans Union.
A company that gathers information on consumers who use credit. These companies sell that information to credit lenders in the form of a credit report.
Credit bureau maintains the record of all credit transactions done by a person. It is also referred to as credit reference agency.
An agency that gathers and stores credit information on individuals. If a credit report is needed for a loan application, a credit bureau produces a report based on the gathered data. The lender also reports back to credit bureaus how much an individual borrowed and whether the individual makes payments when due.
A company that compiles credit histories on prospective borrowers and provides credit reports to lenders. Lenders use these reports when making decisions on extending credit. The three major credit reporting agencies are Equifax, Experian and TransUnion.
An organization which keeps credit histories of people in order to advise relevant parties as to their credit status.
A firm that provides credit and personal information to creditors.
A company that records borrowers' credit histories . The three U.S. credit bureaus are Equifax Credit Information Services, Experian , and Trans Union Credit Bureau.
An organisation that holds credit histories and calculates credit scores or ratings on individual consumers and organisations
An organization to which commercial affairs firms put for credit information on prospective customers.
a company that gathers information about how consumers use credit, which the credit bureau in turn provides to potential creditors, employers and others who have legally-recognized reason to inquire about the creditworthiness of an individual.
A credit bureau is a clearinghouse for credit history information. Credit grantors provide the bureau with factual information on how their credit customers pay their bills. The bureau regularly assembles this information, along with public record information obtained from courthouses around the country, into a "file" on each consumer.
an organization that gathers information about a consumer's creditworthiness and to which a financial institution may apply for such information about a prospective borrower
Organization which tracks consumer credit history and information. The best known credit bureaus include TransUnion, Equifax, and Experian (previously TRW).
An agency that researches and reports on the credit-worthiness of potential borrowers. The most popular credit bureaus in Canada and USA are Trans Union and Equifax.
An agency that gathers and keeps your credit record.
A credit bureau keeps a record of your credit history for any card or loan issuer to review when considering your application for credit. The three major credit reporting agencies in the United States are Equifax, Experian (formerly TRW), and Trans Union.
An organization that complies credit history data from various sources about individuals who have applied for credit.
A company that collects and sells information about people's credit histories. The company issues credit reports that show how individuals manage debts and make payments. The report also shows how much credit a person still has and whether or not the person has applied for a loan recently. The reports are made available to those who have a legitimate need for the information including the individual being reported upon.
A company that is engaged in the preparation of reports that are used by credit grantors to determine the credit of an individual. The agency obtains data for these reports from national repositories and other sources (e.g., Experian, TransUnion, Equifax, and public record data). credit limit The maximum amount that can be borrowed under a home equity line of credit.
company whose function is to collect credit data and issue credit reports. A credit bureau will generally access credit information held by a credit repository.
A credit bureau (U.S.), or credit reference agency (UK) is a company that provides credit information on individual borrowers. This helps lenders assess credit worthiness, the ability to pay back a loan, and can affect the interest rate applied to loans. Interest rates are not the same for everyone, but instead are based on risk-based pricing, a form of price discrimination based on the different expected costs of different borrowers, as set out in their credit rating.