Most adults in the United States are familiar with Equifax, Trans Union and Experian. These are the “Big 3” credit bureaus in the United States.  In the consumer law profession, we call credit bureaus “Credit Reporting Agencies”, or CRAs for short, because that is the term used in the Fair Credit Reporting Act.  Most people […]

There are a number of “special purpose” credit reporting agencies that people may run into from time to time. There are agencies that specialize in reporting to landlords about tenants. There are business credit reporting agencies. Finally, there are Telecheck and Chexsystems.   These last two are the ones I want to talk about.  Telecheck […]