May 25, 2019
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It is the goal of Credit Bureau Services to provide the best possible service to both the credit grantor and the citizens of this area.  When we put the Credit Bureau Services name on our quality products, we do it with pride.....the same pride we have in serving you as a customer.

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History.jpg Credit Bureau Services has a rich proud history of serving our communities for over 100 years. Our commitment to area businesses, as well as the citizens, testifies to our longevity. Our focus is not to be the biggest but to be the best in our areas of service.

Since our inception, our history, the history of our industry and the history of our communities has been closely intertwined.

1905 Credit Bureau of Fremont was founded as a locally owned and operated merchant credit bureau.

1906 Associated Credit Bureaus (ACB), a non-profit organization, was formed to facilitate the growing needs of the credit reporting industry.

1906 Credit Bureau of Fremont was one of the earlier members of ACB.

1932 Credit Bureau of Norfolk was founded as a merchant owned bureau. Founders were George M. Dudley - Dudley Laundry Co; A.E. Wolfe; M.Charles Fraser - Insurance/Real Estate; Amos.T. Hutchinson - A L Killian Co; Carl.J. Fleming - Fleming Drug Store; and O.T. Johnson.   Guy P. Parish was President and Howard Walters was Secretary.  At that time, the Credit Bureau was located in the Koenigstein Building (417 Nofolk Ave in the basement). 

1950's Credit Bureau of Fremont and Credit Bureau of Norfolk joined  American Collectors Association (ACA) and Nebraska Collectors Association (NCA).

1961 Thoughout the United States, locally owned merchant bureaus, secure in that fact that their most precious information - their customers' names - were protected, began to sell their interest in the bureaus to the operator/manager.

1961 Mr. L.E. Tighe purchased the Credit Bureau in Fremont and assumed the management of the Credit Bureau in Norfolk.

1965 Credit Bureau in Norfolk moved to it's current address on Norfolk Avenue.

1965 Credit Bureau Services formed as the parent company to their locally owned and operated bureaus.

1967 The merchant's in Norfolk sold their bureau to Mr. L.E. Tighe.

1968 Credit Bureau Services was invited to become a member of Medical-Dental-Hospital Business Association (MDHBA). MDHBA is a service association of select, quality accounts receivable management companies working together to provide educational programs and quality services for its members and the healthcare industry.

1970 Credit Bureau Services purchased a small account recovery business in Columbus, creating Credit Data of Columbus.

1970 Thoughout the U S credit reporting agencies began the tremendous undertaking of automating millions of credit files and billions of tradelines. The ASP providers for these automated credit reporting systems were Pinger, Chilton and TRW.

1971 Mr. L.E. Tighe, Mr. Harold Books (Credit Bureau of Kearney), Mr. Ken Opp (Credit Bureau of Lincoln) and Mr. Bob Connell (Collection Bureau of Lincoln) designed and created the first automated collection system and formed ACIS (Associated Computer Information Services). This early system was developed on a "MiniComputer", with 5 megs of fix disc and 5 megs of removable storage and 16 K of RAM.  This early system served as a foundation for all future automated collection software packages.

1971 The Fair Credit Reporting Act was signed into law. The Congress made the following findings: (1) The banking system is dependent upon fair and accurate credit reporting. Inaccurate credit reports directly impair the efficiency of the banking system, and unfair credit reporting methods undermine the public confidence which is essential to the continued functioning of the banking system. (2) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, character, and general reputation of consumers. (3) Consumer reporting agencies have assumed a vital role in assembling and evaluating consumer credit and other information on consumers. (4) There is a need to insure that consumer reporting agencies exercise their grave responsibilities with fairness, impartiality, and a respect for the consumer's right to privacy.

1972 Associated Credit Bureaus represented over 2,600 locally owned and independently operated credit bureaus.

1973 Equifax began offering ASP services to local credit bureaus.

1974 Contruction on Credit Bureau of Fremont's new office began.

1975 Credit Bureau of Fremont moved their offices, from 130 North Main, to their new building at 46 West Fourth.

1975 TransUnion began to offer computer services to local credit bureaus.

1977 The Fair Debt Collections Practices Act was signed into law.

1981 TransUnion joined the Marmon Group.

1984 Credit Data of Columbus changed it's name to Credit Bureau of Columbus.

1984 CBS began offering check recovery services – CheckMate.

1987 Remodeling of 'D' Street location began. Once completed it would hold CBS Corporate Offices, ACIS and Credit Bureau of Fremont.

1988 Credit Bureau of Fremont moves to it's present location on 'D' Street.

1990 Credit Bureau Services began automating over 300,000 reporting files with TransUnion's computer program.

1995 Automation of all Credit Bureau Services reporting files was completed.

1996 TRW sells it's credit reporting services to The Great Universal Stores (GUS), a large retail and mail order conglomerate located in the United Kingdom, for $1.7 Billion dollars and changed their name to Experian

1996 The Health Insurance Portability and Accountability Act (HIPAA) was signed into law.

1997 CBS returned nearly 3 million dollars, commission free, to area businesses through their Professional Credit Management (PCM) program.

1998 Credit Bureau Services was one of the first agencies within the collection industry to create an internet site -

2000 CBS exceeded 7 million dollars in listings.

2001 CBS began providing tri-merge credit reports, from all three national CRA's.

2002 Associated Credit Bureaus (ACB) changed their name to Consumer Data Information Association (CDIA). Total number of members had dwindled from 2,600 to 500. This changed also moved their focus from protecting and building consumer credit to one of marketing consumer credit information. This change left existing credit bureaus or resellers, who focused within the credit reporting industry, with no trade association. That year National Credit Reporting Association (NCRA) was formed.

2003 The Fair and Accurate Credit Transactions Act (FACTA) was signed into law.

2004 CBS began offering banks and creditors online mortgage and reporting services, through a web based application.

2004 Fair Isaac announced that they are forming their own national CRA.

2004 CBS/CheckMate began providing electronic representment services to area merchants. This service helped businesses take full advantage of Check 21 rules.

2005 Construction of a new branch in Lincoln began.

2005 A complete re-write of our CBS website had begun.

2006 GUS spun-off their credit reporting division, Experian; Merrill Lynch stated that Experian could be worth $13 Billion dollars after the split.

2006 CBS opened their branch office in Lincoln, Nebraska.

2006 CBS first began offering a complete web based application for their Pre-collection Services.

2007 CBS purchased the Credit Bureau of  Grand Island.

2007 Our new website, retooled, rewritten and redesigned was brought online.

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