Wednesday, December 12, 2007

What was the need for the 4th credit bureau?

There are as it is 3 credit bureaus - experian, transunion, equifax but why did innovis come into being ? what was the need for another credit bureau - the innovis ??

The Answer : Here's an article explaining about Innovis

http://www.bankrate.com/brm/news/mortgag...

Money , these guys make money off of reporting credit. So Innovis is coming into that market place because they beleive they can turn a profit doing so.

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