aliyafamke
Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

List the 3 main credit bureaus and explain what information they collect.

Sagot :

anthougo

The three main credit bureaus are Equifax, Experian, and TransUnion, which collect and research individual credit information sold to creditors.

What is a credit bureau?

A credit bureau provides the information that creditors and lenders use to make important lending decisions.

Principally, credit bureaus:

  • Collect credit information of individuals.
  • Make the information available to third parties (lenders and creditors).
  • Provide credit ratings and reports to individuals when requested.

Thus, a  credit bureau provides the information that creditors and lenders use to make important lending decisions.

Learn more about credit bureaus at https://brainly.com/question/20715412

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.