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Glossary Term: CREDIT BUREAU

Definition(s) for CREDIT BUREAU:


1. ) An agency that researches or investigates the credit history (a record of how a person has borrowed and repaid debts) of consumers so that creditors can make decisions about granting of loans.

2. ) A business organization that puts together information for your credit file, keeps it up to date, and makes it available for a fee to lenders, insurance companies, and potential employers



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