Travel Arrangement & Tour Packaging

Credit Bureaus Crunched by Refinancing

There has been rapid expansion in consumer debt and increased use of credit cards, with more than a billion credit cards currently on issue in the US. This has attributed to the significant increases in the use of consumer credit reporting agencies. Demand for this industry's services are significantly affected by events such as the 2001 recession and the sub-prime mortgage's resultant credit-crunch, as volatility may reduce borrowing and debt issuance, and result in lower income for credit bureaus.

This industry comprises establishments primarily engaged in compiling information, such as credit and employment histories on individuals and credit histories on businesses, and providing the information to financial institutions, retailers, and others who have a need to evaluate the credit worthiness of these persons and businesses. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.