USA: Credit information sharing
(measure: points; Source: The World Bank)
* indicates monthly or quarterly data series
USA: Credit information sharing index, 0 (low) - 8 (high): For that indicator, The World Bank provides data for the USA from 2013 to 2018. The average value for the USA during that period was 8 points with a minumum of 8 points in 2013 and a maximum of 8 points in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.
When banks in the USA make lending decisions, it is useful to know if the borrower has loans from other banks, has he/she paid on time, etc. The credit information index shows whether banks share such information with each other. The index for the USA ranges from 0 (no sharing) to 6 (high degree of sharing.
Definition: Depth of credit information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 8, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.