/ˈkrɛdɪt rɪˈpɔrtɪŋ ˈeɪdʒənsi/ – Phrase
Definition: Tổ chức báo cáo tín dụng
A more thorough explanation: a company which collects and stores information about peoples’ credit ratings (=calculation of someone’s ability to pay back money borrowed) and provides it to banks, finance companies etc
Example: With so much power in the hands of credit reporting agencies, it’s vital they don’t make mistakes.