Match the term with its definition.
-Privately owned organizations that summarize different firms' credit experiences with individual consumers
A)consumer credit
B)credit
C)credit bureaus
D)credit card
E)installment account
F)open charge account
G)revolving charge account
H)trade credit
I)trade-credit agencies
J)value

Question

Quizplus · Accepted Answer

Credit bureaus are the organizations that collect and compile credit information from various sources about individuals, summarizing their credit experiences and histories for use by lenders and other interested parties.

Match the Term with Its Definition