Investment Term For The Day - Credit Bureau

04/02/2022 1 min
Investment Term For The Day -  Credit Bureau

Listen "Investment Term For The Day - Credit Bureau"

Episode Synopsis

A credit bureau, also known in the U.S. as a credit reporting agency, is an organization that collects and researches individual credit information and sells it to creditors for a fee, so they can make decisions about extending credit or granting loans.Credit bureaus partner with all types of lending institutions and credit issuers to help them make loan decisions. Their primary purpose is to ensure that creditors have the information they need to make lending decisions. Typical clients for a credit bureau include banks, mortgage lenders, credit card issuers, and other personal financial lending companies.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.