Reporting Agencies

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Consumer Reporting Agencies

Consumer reporting companies, also called credit reporting agencies, are important for collecting and keeping track of people’s credit information. There are different kinds of these companies, apart from the well-known ones like Equifax, Experian, and TransUnion. These companies specialize in specific areas of consumer data. Here are some examples:

  1. Tenant Screening Companies: These companies gather details about rental histories and screen potential tenants for landlords and property managers. They look at past rental payments, evictions, and other relevant information to decide if someone is a suitable tenant.

  2. Employment Screening Companies: These companies do background checks and verify employment records for employers. They collect data on someone’s work history, education, criminal records, and other important information to help employers make good hiring choices.

  3. Check Verification Companies: These companies keep records of checks that have bounced or are no good. When a merchant gets a check as payment, they can check with one of these companies to see if the account has a history of writing bad checks.

  4. Medical Information Companies: These companies gather and keep track of information about people’s medical histories. This includes payment data, insurance claims, and details about medical procedures. They provide this information to healthcare providers, insurance companies, and other authorized groups for things like billing, claims processing, and medical research.

  5. Alternative Data Companies: These companies collect non-traditional data to assess how creditworthy someone is. They get information from different sources, like utility payments, rental records, phone and internet records, and even social media activity. This alternative data can add to the regular credit data and give a fuller picture of someone’s financial behavior.

Remember, each type of consumer reporting company has its own rules, regulations, and ways of doing things that are specific to their area of focus.

Consumer Reporting Agencies

Lexis Nexis

Lexis Nexis

Lexis Nexis collects information from public records and multiple proprietary data sources. This includes items such as real estate transaction and ownership data, lien, judgment, and bankruptcy records, professional license information, and historical addresses on file.

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Intelius

Intelius

Intelius is a service that allows people to look up information about someone by entering their name, phone number, or address, and then providing a list of potential matches with detailed profiles that may include background checks, criminal records, job history, educational qualifications, and more.

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Innovis

Innovis

Innovis collects personal information sourced from and made publicly available by federal, state, or local governments. This includes information on Social Security numbers, court filings and findings, bankruptcy filings and records, and government-maintained watch and sanctions lists.

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Acxiom

Acxiom

Acxiom collects data from three different types of sources: 1) government records, public records and publicly available data, 2) self-reported data, and 3) data from other commercial entities where consumers have been provided notice of how their data will be used, and offered a choice about.

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ARS

ARS

ARS collects information about consumers’ approved and declined bankcard applications.

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Clarity Services

Clarity Services

Clarity Services Collects and provides information on payday loans, installment loans, auto loans (and leasing), check cashing services, rent-to-own transactions, telecommunication account openings, and financial services with an emphasis on the lower- income and subprime consumer market segments.

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CoreLogic

CoreLogic

CoreLogic collects and reports personal data such as property ownership and home loan obligation records; property legal filings and tax payment status; rental applications and collection accounts; consumer bankruptcies, liens, judgments, and child support obligations.

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FactorTrust

FactorTrust

FactorTrust Collects loan performance information on nonprime consumers to provide predictive credit data, analytics and risk scoring solutions to short- term lenders, installment lenders, nonprime auto lenders (and leasing companies) and other subprime credit providers. FactorTrust is owned by TransUnion.

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Microbilt

Microbilt

Microbilt collects recurring bill repayment data, such as monthly billing data from rent, utility, phone plans, car insurance, and streaming media subscriptions to generate consumer credit reports and risk scores for businesses that offer short term, rent-to-own, auto, retail and consumer finance lending.

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SageStream

SageStream

SageStream collects information from, and provides supplementary consumer reports to, auto lenders, credit card issuers, retailers, utilities and mobile phone service providers among other service providers.

SageStream is owned by Lexis Nexis.

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ChexSystems

ChexSystems

ChexSystems is a consumer reporting agency. It’s similar to credit bureaus, but its focus is on checking and savings accounts. It reports on bank account data, including applications, openings and closures. Negative items in your ChexSystems report can limit your ability to open a checking account.

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Teletrack

Teletrack collects consumer information about, and provides data to, payday lenders, rent-to-own businesses, furniture stores that offer financing, auto finance and leasing companies, high risk consumer finance businesses, subprime home lending businesses, subprime credit card issuers, banks, credit unions, and cable/telecom. 

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Certegy

Certegy collects check writing histories and provides check and ACH verification services for retail merchants and gaming establishments who accept checks as payment.

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Global Payments

Global Payments provides check screening and verification services for various consumer-facing industries.

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NCTUE

This membership of companies collects information on new telecom and utility connect requests, account and payment histories including delinquencies and charge-offs, associated with telecommunications, pay TV, and utility electric, gas, water) services to help companies in these industries manage customer relations.

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The Retail Equation

Monitors and reports to merchants retail product return and exchange fraud and abuse.

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Milliman Intelliscript

Collects information on your prescription drug purchase history. You may have a prescription report about you if you authorized the release of your medical records to an insurance company and that company submitted a request to Milliman.

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Drivers History By Transunion

Provides reports to its insurance clients containing information and data collected from open public sources and governmental agencies regarding driving violations issued to specific individuals. TransUnion has a majority ownership interest in Drivers History.

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