A data furnisher is an organization that sends information to a consumer reporting agency. Common furnishers include lenders, card issuers, servicers, and debt collectors, and federal law imposes accuracy and dispute responsibilities on covered furnishers.
The practical meaning.
A credit report shows information maintained by the bureau but usually supplied by another company. Identifying the furnisher helps you compare the reported entry with statements and decide whether to dispute with the bureau, the furnisher, or both.
Usually shown as the company name attached to an account, collection, balance, or payment history on a consumer report.
Similar words, different jobs.
The furnisher supplies information; the reporting agency assembles and provides the consumer report.
The furnisher and the credit reporting company perform different roles.
Furnishers must not knowingly provide inaccurate information and have duties after receiving qualifying disputes.
Use the dispute address designated by the furnisher and identify the exact account and error.
