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What is a credit bureau?
Author: Tracy Carlye
Website: http://www.trxcredit.com
Added: Thu, Nov 2, 2006 7:05:25
Category: Credit Questions
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A credit bureau is a company that compiles and distributes credit and personal data to the leading creditors in the state. This includes all the information that pertains to your accounts, such as the balance, the loans or charged amounts, and the mode of payment that you use. The credit bureau records whether you make your payments on time, sometimes pay late, habitually pay late, default on a loan, or take out bankruptcy.
keywords: Credit | Credit Card | Debt | Credit Report | Loan | Bank | Credit Bureau About the Author:
Tracy Carlye answers frequently asked credit questions at PrettyGreatAnswers.com.
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