what information do creditors report to credit bureaus 
individuals often rely on credit scores to obtain loans and extensions of credit creditors and lenders are not required by law to report anything to credit bureaus however many businesses report on time payments late payments purchases loan terms credit limits and balances owed information used by credit bureaus to construct credit scores who is a creditor and who is a debtor creditors are individuals or entities that have lent money to another individual or entity they typically charge interest and the money is owed back to them for example a bank lending money to a person to purchase a house is a creditor a debtor is an individual or entity that borrows money from another individual or entity and needs to pay that money back within a certain time frame with interest for example a person who borrows money from a bank to buy a house is a debtor 