Are “credit reporting agencies” a part of government?
A. 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.
A. No. Credit reporting companies are just that – companies. They are in business to make money, just like the mega-billion-dollar banks that run the credit card businesses. The credit reporting business is a multi-billion dollar industry. They generate their income by selling credit reports to creditors.
