are "credit bureaus" a part of government?

posted by askmrcredit on (6 years, 9 months ago)

No. Credit reporting companies are just that - companies. They are in business to make a buck, just like the mega-billion-dollar banks that run the credit card businesses, VISA, and MasterCard. The credit reporting business is a multi-billion dollar industry. They generate their income by selling credit reports to creditors.

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