Credit Information Bureau Ltd (CIB)

Credit Information Bureau Ltd (CIB), has catered to the people of Rhode Island for the past twenty years for their credit reports needs. The consumers have also been assisted in matters related to accounts receivables management. The Credit Information Bureau Ltd (CIB), along with its associate, Credit Bureau of Connecticut or CBCT, provides employment opportunities to more than 150 people. Credit Information Bureau Ltd (CIB) and the Credit Bureau of Connecticut(CBCT), have the reputation of being, one of the leading companies in the credit rating and reporting industry.

In the year 1974, the two bureaus, namely, CIB and CBCT, became associated with Trans Union, which is one of the three leading credit bureaus, to offer better service to its clients and widen its clientèle. Trans Union holds the world's largest database pertaining to customer's credit details.

Services offered by Credit Information Bureau Ltd (CIB):

Credit information bureau Ltd (CIB) offers a wide range of services. Some of the prominent services offered to its wide consumer base are enumerated under the following categories:

• Accounts Receivable
• Credit Reporting

Credit report:

The Credit Information bureau Ltd (CIB) in association with CBCT, prepares credit reports as per industry standards. Trans Union credit bureau, which maintains a huge database of borrowers and their credit account details, has further assisted CIB in providing quality service to its clients.

Credit Information bureau Ltd (CIB) makes credit reports, which can be customized. The CIB also makes use of tools, which help in detecting credit risks. Ways of preventing fraud are also employed by the Credit Information bureau Ltd (CIB) for preparing credit reports. The CIB also offer various methods for monitoring credit accounts and for keeping track of untraceable consumers.

In a nut shell, the Credit Information bureau Ltd (CIB) and CBCT offer the following facilities, thereby acting as Trans Union's sales agent.

• Acquisition of accounts
• Verification of consumer's identification details
• Score models
• Credit reports
• Detection of fraud.

Accounts receivables Management:

A wide range of accounts receivables management tools are provided by CIB. The services offered by Credit Information bureau Ltd (CIB), is tailor-made,depending on the requirements of the clients. CIB suggests business remedies for various business houses. The services offered in the field of accounts receivables management are given below:

• Pre collection letters
• Pre collection services
• Pre collection contacts

The important collection services of Credit Information bureau Ltd (CIB) include:

• Mercury predictive dialer
• Comprehensive debtor services

The Credit Information bureau Ltd (CIB) provides various facilities and services to suit the requirements of the dynamic economic conditions.