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  1. Credit Information Companies (CICs) collect public data, credit transactions and payment histories of individuals and companies regarding loans, credit cards, among others. Based on the the collected data, CICs form a credit report and generate a score.
    www.moneycontrol.com/news/mcminis/what-are-cr…

    A Credit Information Company (CIC) is an organization which collects and analyses credit and loan related data about individuals and companies and generates its products and services on the basis of this data. This data is provided to CICs by their member banks and other financial institutions.

    www.paisabazaar.com/credit-score/credit-informati…
     
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