Glossary

ECOA

Standard abbreviation for Equal Credit Opportunity Act.

Education Verification

The process of verifying a person’s scholastic history by contacting the educational institutions or any of the automated verification systems…

Embezzlement

The taking of another’s money or property by one entrusted with its possession, usually through employment.

Employment Verification

The process of verifying a person’s past and/or present work history by contacting their past and/or present employers or any…

End-user

The business that receives the report for decision making purposes that meet the permissible purpose requirements of the FCRA.

Equifax

One of the three national credit reporting agencies, headquartered in Atlanta, Ga. The other two are Experian and TransUnion.

Evidence

Any species of proof, or probative matter, legally presented at the trial of an issue, by the act of the…

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