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credit bureau

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.07 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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The credit bureau Experian's security breach recovery program could provide a discount of up to 80 percent, for example.
individuals have three scores, one for each credit bureau.
block information from being given to a credit bureau and from being reported by a credit bureau if such information results from identity theft
 
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