Credit Reference Agency (CRA)
An organisation that collects and supplies credit information to lenders and other authorised users.
Also known as: CRA
Related terms
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Credit file
The record held by a credit reference agency containing information used by lenders and others to assess creditworthiness.
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Credit search
A check of credit information carried out by a lender, business or individual for an authorised purpose.
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Credit score
A numerical indicator used by a credit reference agency or lender to help assess the likelihood of repayment. Different organisations can produce different scores.
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