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What is the Credit Bureau?

Updated: 9/13/2023
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16y ago

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An agency that researches and collects individual credit information and sells it for a fee to creditors so they can make a decision on granting loans. Typical clients include banks, mortgage lenders, credit card companies and other financing companies. Also commonly referred to as consumer reporting agency or credit reporting agency.

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A Wizard credit check can be performed by going to a credit bureau and getting help from the credit bureau. Another way to do it is through an online credit bureau.


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