Credit reporting services
CPC v2.1 Code: 8591
About credit reporting services
cpc code 8591 covers the credit reporting services industry, which plays a crucial role in the broader financial ecosystem. This industry is responsible for collecting, analyzing, and disseminating information about the creditworthiness of individuals and businesses, enabling lenders, creditors, and other financial institutions to make informed decisions about extending credit and managing risk.
Production process
The main production techniques in the credit reporting services industry involve the collection, verification, and organization of data from a variety of sources, including public records, financial institutions, and consumer reporting agencies. This data is then analyzed using sophisticated algorithms and statistical models to generate credit reports and scores, which are the primary outputs of this industry.
Production inputs
The key inputs required for the credit reporting services industry include access to a wide range of data sources, powerful computing infrastructure, and skilled data analysts and statisticians. Additionally, the industry relies on robust data management and security systems to ensure the accuracy and confidentiality of the information it handles.
Production outputs
The primary outputs of the credit reporting services industry are credit reports and credit scores, which are used by 5222 Nondepository credit intermediation, 5221 Depository credit intermediation, and other financial institutions to assess the creditworthiness of individuals and businesses. These outputs are essential for making informed lending decisions and managing credit risk.
Family tree for credit reporting services
graph LR
A["<a href='/classifications/cpc/v2-1/8'>8: Business and production services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/85'>85: Support services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/859'>859: Other support services</a>"]
C --> D["<a href='/classifications/cpc/v2-1/8591'>8591: Credit reporting services</a>"]
C --> E["<a href='/classifications/cpc/v2-1/8592'>8592: Collection agency services</a>"]
C --> F["<a href='/classifications/cpc/v2-1/8593'>8593: Telephone-based support services</a>"]
C --> G["<a href='/classifications/cpc/v2-1/8594'>8594: Combined office administrative services</a>"]
C --> H["<a href='/classifications/cpc/v2-1/8595'>8595: Specialized office support services</a>"]
C --> I["<a href='/classifications/cpc/v2-1/8596'>8596: Convention and trade show assistance and organization services</a>"]
C --> J["<a href='/classifications/cpc/v2-1/8597'>8597: Landscape care and maintenance services</a>"]
C --> K["<a href='/classifications/cpc/v2-1/8599'>8599: Other information and support services n.e.c.</a>"]
D --> L["<a href='/classifications/cpc/v2-1/85910'>85910: Credit reporting services</a>"]
%% Color coordination by level
classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px
%% Apply classes
class A level1
class B level2
class C level3
class D level4
class E level4
class F level4
class G level4
class H level4
class I level4
class J level4
class K level4
class L level5
class D highlight
%% class A level1
%% class B,C level2
%% class D,E,F,G,H,I level2
%% class J,K,L,M,N,O,P level3
%% class D highlight