Real estate blog entries tagged with credit bureaus by HPM Financial LLC

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Home : Blogs : Hayden Gerson : Hayden's Blog : Tag "credit bureaus"

credit bureaus: History of Credit Bureaus, a story about how they got started. Part 1. - 11/16/08 10:04 PM

Let us take a little look at how credit bureaus came into existence. Back around 100 years ago, if you applied for a loan, your credit file was ordered from the local credit bureau (all credit bureaus were local back than). These bureaus were regional, and often times very small. A secretary went in the back office, and pulled out a paper file with the person’s name on it. Someone would look at the file and decide if they would offer you credit . If there was a questionable marking or error on the file, a simple phone call or visit … (1 comments)

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Hayden Gerson

San Diego, CA

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