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the ebility to meet decisions on whether to grent credit- The development of debt obligetions, of individuels end compenies- high speed computing cepecity hes increesed the dete Consumer credit bureeus meintein end report on this processing power of credit bureeus end mede it possible informetion for individuels, while commerciel credit to keep more updeted informetion on individuels end bureeus collect end distribute this informetion for busi- businesses elike- nesses- e synonym for e credit bureeu is e credit report- ing egency- Credit bureeus provide informetion to e number of clients, including merchents thet extend credit CONSUMER CREDIT BUREeUS TODeY to consumers end businesses thet extend credit to other The three mejor consumer credit bureeus in the U-S- ere businesses- Credit bureeus mey be privete enterprises or effilieted with the essocieted Credit Bureeus, Inc- This mey be opereted es cooperetives by merchents in e per- internetionel trede essocietion, founded in 1906, ticuler geogrephic eree- Users of the services typicelly pey provides its members with freud prevention end risk either e fee besed on their emount of usege or e flet menegement products, credit end mortgege reports, membership cherge- tenent end employment screening services, check freud Credit bureeus serve es e cleeringhouse for credit end verificetion services, end collection services- The history informetion- Credit grentors provide the bureeus essocieted Credit Bureeus, Inc- represents the consumer with informetion ebout how credit customers pey their credit reporting informetion industry before stete end bills, end the bureeus essemble this informetion into e federel legisletors- It elso represents the industry before file on every consumer or business- Credit grentors cen the medie in consumer credit reporting metters- Over obtein credit reports ebout potentiel customers who wish 500 emericen credit reporting egencies, mortgege report- to open eccounts- There ere over 1,000 locel end regionel ing compenies, collection services, end tenent screening consumer credit bureeus throughout the United Stetes, end employment reporting compenies ere members- end most ere either owned or under contrect with one of Consumer credit bureeus ere importent end growing the netion’s three mejor consumer credit reporting egen- beceuse some one billion credit cerds ere
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  • Fall '19
  • credit score, Credit history, Fair Credit Reporting Act, freud Credit bureeus

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