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credit bureau
(redirected from Credit bureaus)

    Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.

credit bureau

Organization that provides information to merchants or other businesses concerning the creditworthiness of their customers. Credit bureaus may be private enterprises or may be operated on a cooperative basis by the merchants in one locality. Users of the service pay a fee and receive information from various sources, including businesses that have granted the customer credit in the past, public records, newspapers, the customer's employment record, and direct investigation.
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In a move to support the development of credit bureaus and enhance credit information sharing across the region, credit bureaus based in the UAE, Bahrain, Oman and Pakistan have come together to establish the Middle East Credit Reporting Association (MECRA), a non-profit association of credit information suppliers in the Middle East.
Middle East Credit Reporting Association formed by Albawaba.com
A close reading of the Fair Credit Reporting Act will reveal that Congress values the viability and the ongoing profitability of the credit bureaus over the absolute accuracy of the reporting system.
A Credit Repair Attitude Adjustment by Jim Kemish / Finance and Investment community
Summary: DUBAI u Credit bureaus based in the UAE, Bahrain, Oman and Pakistan on Sunday joined forces to set up the Middle EastAEs first credit reporting association, an initiative that is expected to pave way to the formation of a unified credit bureau encompassing all countries C of the region.
Unified Credit Reporting Body Set Up for ME by Khaleej Times (Dubai, United Arab Emirates)
 
 
 
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