Credit reporting agencies collect and analyze information about the creditworthiness of individuals and organizations.
Credit reporting agencies are in charge of collecting, analyzing, and sharing credit data with other financial institutions. They are also in charge of helping consumers get access to credit by making it easier for them to apply for loans.
Credit reporting agencies use the information they get from consumers to determine their creditworthiness. They use a variety of sources such as public records, consumer reports, inquiries from lenders, and information from other financial institutions.