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It is consumer friendly. Credit bureaus are designed to protect lenders, not lendees.
by run4yourlives 16y ago
It is consumer friendly.
Credit bureaus are designed to protect lenders, not lendees.
- kareemm 16y agolenders are customers, not consumers. but lendees are customers in teh same way facebook's users are customers. experian and transunion build a business off the backs of consumer data. consumers are reliant on their records, but generally have to pay to get access to them, even to correct a report. like i said - it's a big, staid, slow-changing opaque industry. looking at it through the right lens makes for a big opportunity.
- run4yourlives 16y ago>lenders are customers, not consumers. I think you need to re-read that, then explain the difference. A "consumer" is not a class of person, it is the act of being a customer.