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Entered By: Mark
Entry Date: 2014-08-05 18:12:06
Subject: Credit Bureaus

Count your blessings that you have credit bureaus in the USA.

I work for a background checking company and we use a credit bureau as one of our data sources. A co-worker from Uruguay asked me what a credit bureau was. I explained it and he said they have something similar in his country. My response:

Here in Honduras, they don't use credit checks. If you are late on payments, a few goons with clubs, knives and guns come to your house, knock down the door, rough you up and take what they want...and those are the reputable loaning institutions.

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