0

Bookmark and Share What the Heck is a Credit Bureau?

All sorts of businesses need to make decisions about their customers' credit worthiness all the time. For instance, car dealers want to sell you a car the very day you walk onto the lot and they can't do that unless they know you have enough credit to afford what they're selling. So businesses rely on outside entities to keep track and compile various credit statistics that they can then subscribe to. These entities are the major credit bureaus. Their job is to pull all of the payment and account information they can find about you and me and compile it and make it available to any business that has a legitimate reason to use it. This compilation is what's known as your credit report.

 Read » What the Heck is a Credit Bureau?
dandrews's picture
Published 35 weeks 5 days ago
Category: Lifestyle | Tags:

Recent comments

Web Hosting Free Trial

Dreamhost
$50 OFF ANY PLAN WITH
PROMO CODE: SheToldMe


Or a limited offer, $100 off a 2-year plan!