Jeremy Zongker asked: A Credit Bureau, also known as a Credit Reporting Agency or Consumer Reporting Agency, functions as a central repository of credit and collection records, payment history and certain legal information on consumers and businesses. These records are sold to credit grantors and lenders whenever a consumer or business applies for credit. The [...]
Vincent Dail asked: Your credit report contains information about where you work, live and how you pay your bills (On time or not). It also may show whether you’ve been sued, arrested or have filed for bankruptcy with in the last 10 years. Companies called consumer reporting agencies (cra) or credit bureaus compile and sell [...]
Natalie Aranda asked: Credit worthiness is usually measured by your credit history, which represents your financial reputation among creditors. Failing to pay off your credit card debt, not paying off the minimum monthly amount, missing a payment or not making your payments on time can lead you on a path with apparently no return: adverse [...]
alice_brandt asked: I rec’d a letter from my Health Insurance Company that a disk from their computer system was stolen. They have forensic evidence that (verbatum) :my Name, Identiy information, Financial records and Medical History with them has been taken from their computer systems. I have been a victim of Identity Theft since 2006 and [...]
James Peter asked: If you are applying for a loan, what a lender always does is to seek information on your credentials with the aid of credit reports. As such, credit report is something, which is the first step towards obtaining any loan.There are three credit rating bureaus in the US. Thus, it is necessary [...]