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What kind of company is Credco?

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Quick Answer

Credco, a CoreLogic company, is the nations number one provider of specialized credit reports, as stated by Credco, processing more than 90 million credit and credit related transactions every year. With one of the worlds largest consumer and business databases, CoreLogic's Credco leads the mortgage, automotive, bankruptcy, recreational vehicle, marine and other specialty credit and retail markets, designed to reduce risk and improve business performance.

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Full Answer

CoreLogic empowers clients to make smarter decisions through data-driven insights, as stated by CoreLogic. As the leading global property on information, analytic and data-enabled solutions provisions, the company sets out to deliver unique property-level insights that power the global real estate economy. George Zoffel founded the company due to a need for faster, more reliable credit information in the mortgage lending industry.

In 1961, Zoffel opened Credit Associates, the predecessor to Credco, with Ray Aspiri, a close business associate. The company served a moderate client base in Seattle and achieved steady growth as it earned a reputation for quick turnaround and excellent customer service. In 1972, Zoffel took his business to Phoenix, Arizona, where the real estate industry was thriving. It was then, in an effort to make his company stand out from similar named companies attempting to do the same thing as his company, that the company's name was changed to Credco.

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