More information about these companies and rapid re-score.
E-Oscar e-OSCAR, the Online Solution for Complete and Accurate Reporting, is a browser-based, Metro 2 compliant system that has been developed by Equifax, Experian, Innovis and TransUnion. e-OSCAR-web was designed to provide you with an online solution for processing Automated Credit DisputeVerifications (ACDVs) and Automated Universal Data forms (AUDs).
What is the Metro 2® Format? Answer: In 1997, the credit reporting industry initiated the use of the “Metro 2®” format which became the industry standard for reporting trade line information. The Metro 2® format layout was developed by Consumer Data Industry Association (CDIA) to replace the Metro format which was developed in the late 1970’s. The Metro 2® format layout is described in the Metro 2® Credit Reporting Resource Guide.
MIB The Medical Information Bureau, Inc. (MIB), a Delaware corporation, is the world’s largest insurance reporting agency and represents approximately 750 member insurance companies. “MIB collects and furnishes information on consumers to all Medical Information Bureau (MIB) member corporations for use in the insurance underwriting process.”
About Innovis Data They provide innovative consumer data solutions for businesses through: Identity Verification Fraud Prevention Receivables Management Credit Information As a Consumer Reporting Agency, they enable: Credit Reports Dispute Resolution Fraud and Active Duty Alerts Blocks Security Freezes Opt-Outs
Lexis Nexis LexisNexis Group is a corporation providing computer-assisted legal research as well as business research and risk management services.
NCTUE The NCTUE data report is a record of all telecommunication, pay TV and utility accounts reported by exchange members, including information about a consumer’s account history, unpaid closed accounts and customer service applications.
What is a Rapid Re-scoring? Rapid re-scoring is a service that lenders use to make quick updates to your credit reports. The goal is to improve the information in your credit history, resulting in a higher credit score. By removing negative items, reducing loan balances, and fixing errors, it may be easier to get approved for a low-cost loan. The process is called “rapid” because updates are accelerated. Instead of waiting for information in your credit reports to be updated by regularly scheduled batch reports, you’ll manually update that information with the help of your lender. For example, if you pay off a credit card, that information can be pushed to a credit bureau a few days after your payment is received, and you can then request an updated credit score from that credit bureau.