FCRA 603(d) defines consumer reports to include information "bearing on a consumer's credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer's eligibility for (A) credit or insurance to be used primarily for personal, family, or household purposes; (B) employment purposes, or (C) any other purpose authorized under section 604." Of course, reportable information cannot be restricted by any other statute.
Reporting of collections is not based on a debt collector's extension of credit, but are reportable. As are civil judgments, bankruptcies, and charge-offs. FCRA 605(a).
FCRA 604 defines permissible reasons for access to a consumer credit report, and is not restricted only to the securement of new credit. Consumer initiated business transactions are not credit per se, but are reportable and reasons for access to a consumer credit report.
The field of credit reporting is somewhat broad.
