Discover's video: What is a Credit Bureau Discover Credit Resource Center

Do you know what a credit bureau is? Here, Discover explains the basics. Discover Credit Glossary: https://www.discover.com/credit-cards/resources/credit-card-glossary/ Discover Resource Center: https://www.discover.com/credit-cards/resources/ A credit bureau collects financial information from consumers, creating a credit history and credit file that it typically sells to credit lenders in the form of a credit report. There are three major credit bureaus in the United States, and everyone is entitled to their credit report from each agency once per year at no cost. The credit scores and reports created by credit bureaus may help a credit card or other financial services company, and even a cell phone provider, assess your credit-worthiness.