Credit Bureau A credit bureau is a company that collects and analyses personal credit information and sells it to creditors for a fee so that they can make loan decisions. They keep track of borrowers’ credit histories in order to generate credit reports and credit scores. Credit bureaus look into the credit histories and habits of potential clients. Financial institutions, banks, credit card issuers, and even utility companies provide them with credit-related and non-credit data. What They Do With The Data Collected However, this data is purchased to assist in assessing a customers’ credit risk and decide whether or not […]