Consumer Credit Reporting Services in the US - Procurement Research Report

Consumer Credit Reporting Services in the US - Procurement Research Report

  • May 2022 •
  • 30 pages •
  • Report ID: 5469821 •
  • Format: PDF
Abstract

Consumer Credit Reporting Services Procurement in the US
Vendors in this market provide objective reports on each consumer’s credit history, which buyers can use to make informed business decisions. Insurance companies, human resources departments, property managers and institutional creditors all request consumer credit reports. Individual consumers also purchase reports to evaluate their own credit standing and address potential data errors. Consumer credit reports usually generate a score based on a consumer’s timeliness of payments, level of debt, credit history length and other relevant information sourced from public records. Typical buyers of consumer credit reporting services include financial institutions, insurance companies, retailers and property managers.
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