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If you have ever applied for a charge account, rental unit, a personal loan, establishment of a new checking, savings, money market account, insurance, or a job, your credit report -- more than likely -- was reviewed. This file, known as a consumer report, contains information on where you work, live, payment history, public records such as law suits, arrests or bankruptcy.

Companies that gather and sell this information are called credit reporting agencies,  or CRA's. The most common type of CRA is a credit bureau. The information CRA's sell about you to creditors, employers, insurers, and other businesses is called a consumer report.

CRA's are engaged in compiling information on individuals and businesses, and provide this information to financial institutions, retailers, and others who have a need to evaluate credit worthiness.

The articles within this section will provide you with some common questions and answers about consumer reports and credit reporting agencies.

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