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Which companies or organizations keep track of your borrowing history? Credit bureaus Your financial institutions The IRS The Department of Consumer Affairs
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3 votes
Which companies or organizations keep track of your borrowing history?

Credit bureaus
Your financial institutions
The IRS
The Department of Consumer Affairs

User Bbx
by
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1 Answer

4 votes

Answer: Credit Bureaus

Step-by-step explanation:

Credit Bureaus collate the lending history details of people so that lenders can access this information in case people want to borrow money from the lending institutions.

The kind of data that credit bureaus collect is pretty extensive in nature and covers everything from loans that were paid and unpaid to loans that were applied for but never approved. Even court judgements can appear in such data as well as contact addresses.

User Karthikeyan P
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