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Credit Reporting Agencies You Never Heard Of

On Behalf of | Dec 5, 2012 | Consumer Protection

When it comes to credit reporting agencies, we have all heard of the main three, Trans Union, Equifax and
Experian.  A majority of the credit transactions that take place in this country utilize one of these three for their credit information on the consumer applying for credit.  But there are so many more.   As we have written in our blog, any other kind of background check that provides information bearing on a consumer’s credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living.

There are companies such as Chex Systems for checking account applications,  DataX for subprime consumer lending, CoreLogic Teletrack for payday loans, and PRBC/Microbilt for employment  reports.  According to The Consumer Finance Protection Bureau (CFBP) there are approximately 400 different credit reporting agencies in the United States.  The CFPB has compiled a list of about 40 different ones, along with the area of specialty.  We have added this page to our website for your ease and convenience.
Click here.

SmithMarco, P.C. has been protecting consumer rights since 2005 and handles Fair Credit Reporting Act
cases. If information about you is inaccurately being reported, or if you feel that you’re rights have been violated, please contact us for a free case review.