- credit reporting
- credit reporting UK US noun [U] FINANCE► a way of calculating the risk of lending to a particular person or company: »
TWR Inc. formerly did credit reporting.
Financial and business terms. 2012.
credit reporting
Look at other dictionaries:
credit reporting agency — A private company that collects and sells information about a person s credit history. Clients, such as banks, mortgage lenders, credit card companies, landlords, and potential employers, use the information to screen applicants. There are three… … Law dictionary
credit reporting agency — UK US (US FINANCE ► CREDIT BUREAU(Cf. ↑credit bureau): »Files of major credit reporting agencies show that there are 19 million Americans who have never bought anything on credit … Financial and business terms
Credit Reporting Agency — This term refers to businesses that maintain historical information pertaining to credit experience on individuals or businesses. The data is collected from various sources, most commonly firms extending credit such as credit card companies,… … Investment dictionary
credit reporting agency — See: credit rating … Accounting dictionary
Fair Credit Reporting Act — The Fair Credit Reporting Act (FCRA) is an American federal law (codified at usc|15|1681 et seq.) that regulates the collection, dissemination, and use of consumer credit information. ( [http://www.ftc.gov/os/statutes/031224fcra.pdf Full Statute] … Wikipedia
Commercial credit reporting — is the maintenance and reporting of credit histories and risks for commercial companies. While most people are familiar with consumer credit reports many are unaware that a similar reporting system exists to assess risk in extending loans to… … Wikipedia
Fair Credit Reporting Act — (FCRA) A federal law that regulates the use and content of credit reports to protect consumer privacy and ensure the accuracy of the information they contain. The FCRA restricts the information that may be included in a credit report, limits who… … Law dictionary
Fair Credit Reporting Act — ( FCRA) Consumer protection legislation enacted in 1968 as part of the Consumer Credit Protection Act to ensure that the banking system in the United States would have a reliable credit reporting system. The stated purpose of the Fair Credit… … Financial and business terms
Fair Credit Reporting Act — Federal law that covers the reporting of debt repayment information. It establishes when a credit reporting agency may provide a report to someone; states that obsolete information must be taken off (seven to 10 years); gives consumers the right… … Glossary of Bankruptcy
Fair Credit Reporting Act (1971) — Federal law that covers the reporting of debt repayment information. It establishes when a credit reporting agency may provide a report to someone; states that obsolete information must be taken off (seven to 10 years); gives consumers the right… … Glossary of Bankruptcy
