Merchants Association Credit B

Discussion in 'Credit Talk' started by ShyGuy, Oct 24, 2000.

  1. ShyGuy

    ShyGuy Well-Known Member

    Has anyone heard of this credit bureau? It's the one listed on my rejection for an UmbrellaBank secured card. My only reason for rejection is past-due open accounts, which is incorrect.

    Six months after my discharge, my credit reports are messed up. A bunch of the creditors included in my bankruptcy are continuing to report every month that I'm past due on discharged debts. (Yet when I call to inquire about this, I am transferred to the bankruptcy department.) My attorney is disputing with the big three CRAs, but do I now also have to dispute with Merchants Association?
  2. 777

    777 Guest

    RE: Merchants Association Cred

    It could be like a bureau "subcontractor". In Hawaii, there is a bureau called "Credit Bureau of the Pacific"; they pull the Equifax report. Perhaps this company is similar.
  3. Momof3

    Momof3 Well-Known Member

    RE: Merchants Association Cred

    Yes we have local credit agency here that pulls from Trans Union. have you tried calling them? Thats is how I found out who they were
  4. lisa

    lisa Guest

    RE: Merchants Association Cred

    Merchants is who transunion uses here in FL.
  5. ShyGuy

    ShyGuy Well-Known Member

    RE: Merchants Association Cred

    Thanks. The letter I received says Merchants is in Tampa, so I guess that's the one.

    Now, why would UmbrellaBank, which is in Illinois, go to a Florida company to pull a TransUnion report? Why wouldn't it just go to TransUnion?
  6. sam

    sam Well-Known Member

    RE: Merchants Association Cred

    Believe it or not, i used to write software for the credit beaureaus (residential screening). The different regions of the credit bureaus sell at different prices for TU, they act more as affiliates than one central company, kinda like time warner ( And you can get different prices in different parts of the country. Its really weird, and hard to deal with them.

    Credit Bearaue of Pacific :) Sounds awfully similar to "C.B.I". we all remember that old name. oh no! equifax is gonna come chase me down with a stick for calling them that still.
  7. Doris K.

    Doris K. Well-Known Member

    RE: Merchants Association Cred

    You're right. It is a sort of sub-contractor known as a satellite or affiliate bureau. I once worked for one, which was called The Retail Merchants' Association of Houston. Business subscribers were able to access credit reports from Trans Union.

    Trans Union and Equifax, in many states, contract with various data entry companies as well as these local retail merchants' associations to deal with creditors and consumers, enter information, correct information, and of course sell credit reports to the consumer. Experian is the only credit bureau that handles its own reporting and data entry.

    Most Texas residents receive their Trans Union Reports from a local retail merchants' association while they receive their Equifax reports from CSC Credit Services. CSC stands for Computer Science Corporation.
  8. Saar

    Saar Banned

    RE: Merchants Association Cred

    Actually Experian is also using sub-contractors. For example, my Experian report shows contact information for one of them:

    CBA Information Services
    P.O. Box 677
    Cherry Hill, NJ 08003

    Needless to say, customer service at this number is horrible, virtually non-existent. Most times the caller is told that "due to high volume of calls, we have to ask you to call again(!)"

  9. will

    will Active Member

    RE: Merchants Association Cred

    I'm surprised there aren't alot more people from Hawaii on this board w/the economy how it is now. Maybe they're just lurking.

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