Credit Bureau

A company that gathers information on consumers who use creditThe ability of a person to borrow money, or buy goods by paying over time. Credit is extended based on a lender’s opinion of the person’s financial situation and reliability, among other factors. More. These companies sell that information to lenders and other businesses in the form of a credit reportInformation provided by a credit bureau that allows a lender or other business to examine your use of credit. It provides information on money that you’ve borrowed from credit institutions and your payment history..