Big Bad Credit Reports
Filed under Credit Report
Credit bureaus or credit reporting agencies are in the business of being nosy about how quickly and reliably you pay your bills.
Although the name “credit bureau” sounds somewhat official, these agencies aren’t non profit organizations or goverment bureaus.
They’re in it for the dough, just like everyone else. Credit bureaus make their money by selling the information on your credit report to businesses such as banks, savings and loans, credit unions, finance companies, and retailers—who use the info to decide whether they want to issue you credit.
