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Thursday, November 21, 2019

What is the mean by Credit bureau in real estate?

If you are searching for the meaning of Credit bureau in real estate and also a definition of Credit bureau,  then this blog post is helpful for you

Definition

A private, profit-making company that collects and sells information about a person’s credit history. Typical clients include banks, mortgage lenders and credit card companies that use the information to screen applicants for loans and credit cards. There are three major credit bureaus, Equifax, Experian and Trans Union, and they are regulated by the federal Fair Credit Reporting Act.

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