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Did you know that your information is being sold by the credit bureau's?

The first way the credit bureaus make money is from selling the data they collect. Instead of the Welcome Wagon collecting the information, data now comes from a variety of sources. Furnishers of data include: collection agencies, credit card companies, banks, student loan providers, utility companies and finance companies. Additionally, credit bureaus purchase data from other credit bureaus. For example the big three credit bureaus will often contract with 3rd party information providers like Lexis Nexis, who often provide them with public record data. By having 3rd parties provide reporting

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