HR-XML 3.0 Standards, 2009 September 23.
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Element: CreditBusinessClassification
| Name | CreditBusinessClassification |
|---|---|
| Type | CreditBusinessClassificationType |
| Documentation (of type) | The credit repository bureaus can identify the type of business of the liability holder or the entity requesting a credit report as listed in a credit inquiry record. This information is needed for an automated scoring application. The data is available for liability and inquiry records from Equifax, Experian and Trans Union. It may sometimes be referred to as a "Kind of Business" (KOB) classification. Following the same pattern elsewhere in the schema, A descriptive enumerated value might have a corresponding terse code "RepositoryCode". For example "A" for "Automotive" or "B" for "Banks and Financial Services". |
XML Instance Representation
<CreditBusinessClassification>
</CreditBusinessClassification>
</CreditBusinessClassification>
Schema Component Representation