Financial Risk Assessment

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January 1, 1 6 min read Definitions

Credit Rating Credit Bureaus Consumer Reporting Agencies Creditworthiness Financial Risk Assessment Equifax Experian TransUnion

A Credit Rating Service or Credit Bureau is an organization that provides information regarding the creditworthiness of a prospective borrower. These agencies, also called consumer reporting agencies (CRAs), are essential for lenders to assess the risk of lending to individuals and businesses.

Read more about Credit Rating Service, Credit Bureau.