Credit-bureau definition

An organization to which business firms apply for credit information on prospective customers.
noun
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An agency that is a clearinghouse for information on the credit rating of individuals or firms.
noun
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An agency that collects information on the credit histories of consumers and businesses. A credit history includes a record of bill payments and whether payments have been late or missed. A credit history also includes information on bankruptcy or legal filings. Credit bureaus use different methods of credit scoring to rank borrowers and advise companies on whether credit should be granted. See also credit scoring.
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Other Word Forms

Noun

Singular:
credit-bureau
Plural:
credit bureaus