The vast majority of credit reporting
service providers offer online access
to their databases, which provides
data users with faster, more efficient
service and can ensure better data
quality. Many also provide credit
scores based on credit bureau or credit
registry data as a value added service.
These scores are different from those
developed on the basis of individual
lenders’ data and provide a highly
predictive measure of a borrower’s repayment
behavior. Online access and
credit scoring are 2 of many features
that define a modern credit reporting
system.