credit bureau


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credit bureau

n.
An organization to which business firms apply for credit information on prospective customers.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.credit bureau - a private firm that maintains consumer credit data files and provides credit information to authorized users for a fee
agency - a business that serves other businesses
References in periodicals archive ?
He said that the current legislation in Azerbaijan doesn't limit the number of private credit bureaus in the country and their number may increase in the future.
Together, they combine exclusive subprime credit data with existing traditional credit bureau information to enhance credit reports and compliance solutions to Credit Bureau Connection's customers.
Data provided by Al Etihad Credit Bureau is becoming a core part of the Financial Institutions' decision making process" Lutfi said.
Emirates NBD has announced that it is the first bank in the UAE to process loan or card applications utilising the Al Etihad Credit Bureau (AECB) Consumer Retail Banking Score.
The shareholders - around 20 local financial institutions and Creditinfo, a leading service provider for credit information and risk management solutions worldwide - signed an agreement establishing the private credit bureau in Baku today.
ISLAMABAD -- The Senate on Thursday passed the Credit Bureaus (Amendment) Bill, 2016 to ensure the existing legislation in conformity with the provision of Banking Companies Ordinance and international best practices.
He said, "The number of Subscribers with Al Etihad Credit Bureau had doubled in 2015 to reach a total of 59 whilst the average monthly enquiries had tripled in Q4 2015 compared to Q1 of the same year".
The liberalization of the credit market and the publication of PBI 15/2013 issued by the Indonesian central bank (Bank of Indonesia) radically changed the scenario for credit bureau providers.
The UAE's Al Etihad Credit Bureau provides credit reports for individuals and companies, which, ultimately can make it easier for SMEs to access credit, if they have a good track record as a debtor.
The law on licensing system is invited to register licensing of credit bureaus, as well as to specify that particular licensing of credit bureaus is determined by the legislation on the exchange of credit information.
Etihad Credit Bureau can connect to all the companies in the UAE including SMEs
Also, the Credit Bureau will share this information with the credit authorities of other countries.

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