The scores are based on
data about your credit history and payment patterns.
Not exact matches
Similar to D&B, Experian captures information
about your business» background, company financial information,
credit score and risk factors, banking, trade, and collection
history, liens judgments, bankruptcies, and your industry to create a 100 - point ranking for your business (but the
data is weighted and scored differently than the PAYDEX score).
eFunds DebitBureau uses consumers» checking account
histories as a basis for
data about credit decisions.
They collected
data about the negative aspects of consumers»
credit histories, such as delinquencies, defaults, and bankruptcies, while minimizing information
about on - time payments.
Due to the enormous amounts of
data collected by
credit agencies, such as Transunion, your
credit history actually tells a great deal
about your life expectancy.
While your
credit report collects info
about your debt
history, your
credit score is a single number that summarizes all of that
data.
This is a company that receives information
about a consumer's
credit history and keeps records that are available to those seeking
data about that consumer.
Lending Metrics provide us with
data about a customer's
credit history and borrowing habits.
Three different companies, or
credit bureaus, Experian, Equifax, and Transunion collect
data about your payment
history from lenders, collection agencies and other businesses and regularly compile the
data in a
credit report.
They'll collect as much
data as possible from
credit histories, to information
about the age or sex of policy holders, to any other important information that may increase the risk under a policy.
This includes but is not limited to, identifying information
about the
data subject, employment and educational
history,
credit and insolvency reports, driving records, court records, criminal
history checks, and other checks contracted by ClearStar's client or by the
data subject themselves.
Basically, the rule covers
credit reports and scores, as well as
data about a person's employment background, financial
history, past insurance claims, residential
history, or medical information.
The
data say nothing
about each household's
credit history, the underwriting criteria used, or the lender's business strategy.