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credit bureau

noun

  1. a firm that investigates the creditworthiness of and assigns a credit rating to a client's customers or potential customers.


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Example Sentences

In a 5-4 decision involving the credit bureau TransUnion in 2021, the court declared that it is not enough for a plaintiff to sue over a defendant’s violation of a federal statute.

The steps recommended by National Public Data include checking your financial accounts for unauthorized activity and placing a free fraud alert on your accounts at the three major credit bureaus, Equifax, Experian and TransUnion.

Placing a freeze can be done online or by phone, working with each credit bureau individually.

However, you have to contact each of the three major credit bureaus individually, which can be done online.

Borrowers who are delinquent on their federal loans won’t be reported to credit bureaus until Sept. 30 of this year, but in the meantime, interest continues to accrue.

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