credit bureau

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  • noun

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a private firm that maintains consumer credit data files and provides credit information to authorized users for a fee

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Credit Bureau Connection is the provider of credit reports, compliance management, and consumer prequalification solutions for automotive, motorcycle, power sports, and RV dealers; along with a vast network of lenders, brokers, and integrated software partners throughout the automotive industry.
Al Etihad Credit Bureau (AECB) held its Subscriber Forum recently in Dubai.
The AECB Consumer Retail Credit Bureau Score is the first scoring system for the UAE's retail banking customers, exclusively developed for risk prediction using historical data on repayment behaviour reported to Al Etihad Credit Bureau.
Borrowers will have a right to give consent to share their loan information with the credit bureau.
Minister for Law and Justices Zahid Hamid on behalf of Minister for Finance Mohammad Ishaq Dar moved the Credit Bureaus (Amendment) Bill, 2016 in the House as reported by the Standing Committee.
Al Etihad Credit Bureau also recognized a number of financial institutions for their significant role in contributing to the Bureau's success to-date.
The credit bureau will also facilitate access to credit for more businesses and consumers by improving and speeding up the lending process and obtaining more favorable loan conditions.
Al Etihad Credit Bureau adds tremendous value to the UAE's financial sector by enabling institutions to make informal decisions, whilst helping individuals and corporations to understand their current financial obligations, debt level and creditworthiness.
This law states that the act shall enter into force from the time of the entry into force of amendments to the law that incorporates the activities of credit bureaus in the list of activities subject to licensing.
willing and open to work with Al Etihad Credit Bureau," he said.
The Macedonian Credit Bureau whose information was initially available only to banks, based on which banks then decided whether to approve a credit to a certain applicant or not, refuses to comment on the modifications before they see the final version to be adopted by the Government.
Emma Haiyambo, Acting Director: Department of Strategic Communications and Financial Sector Development said, "In terms of the Credit Bureau Regulations, only entities that meet the requirements for registration as credit bureaus will be granted a license to conduct the business of a credit bureau in Namibia.
Al Etihad Credit Bureau said that it would begin to issue consumer credit reports to financial institutions from the beginning of September.
In this article, we provide some further background to the role of the Credit Bureau, and comment on some of the data protection considerations addressed in the related law and regulations.
The UAE's federal credit bureau has formally begun operations in the UAE following a Cabinet Resolution by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
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