Most consumer credit data in the US is collected and shared by 3 main national credit reporting agencies: TransUnion, Experian, and Equifax. All three Companies are for-profit and do not have any government affiliation.
Although these bureaus are for-profit, independent Companies; there are two government agencies responsible for the accuracy of the bureau’s data and their general oversight. The Federal Trade Commission (FTC) is responsible for the oversight of the consumer credit bureaus. The Office of the Comptroller of the Currency (OCC) oversees, charters, and regulates all the national banks regarding credit bureau reporting.
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