Credit-reference-agency -

: If you find an error, you can raise a dispute. The agency must review your supporting documents and contact the relevant lender to verify the information.

: Lenders use these reports to decide whether to grant you credit, such as loans or credit cards. credit-reference-agency

: They help prevent fraud and money laundering by verifying your residency and personal details. Major Agencies in India : If you find an error, you can raise a dispute

: CRAs gather information from various "subscribers" like banks, utility companies, and retail stores. : They help prevent fraud and money laundering

: Under the Data Protection Act , agencies are legally required to provide you with a copy of your credit report upon request.

According to Bajaj Housing Finance , the primary agencies operating in India include:

A , also known as a credit bureau, is an independent organisation that collects and maintains financial data on consumers to help lenders assess risk. Core Functions