Which term describes an entity offering credit verification services without engaging in consumer reporting?

The term that describes an entity offering credit verification services without engaging in consumer reporting is indeed a Check Verification Business. This type of business focuses on verifying the status of checks and the legitimacy of payment methods rather than compiling, maintaining, or sharing comprehensive consumer credit information.

A check verification business typically provides services that help businesses determine whether a check being presented for payment is likely to be valid based on the account's status, history, or checking account balance. They do not produce consumer reports, which would involve detailed credit histories, scores, or financial evaluations.

In contrast, a Consumer Reporting Agency and a Credit Bureau specifically deal with the tracking and reporting of consumer credit information, creating reports used by lenders to assess creditworthiness. A Data Consulting Firm may offer broader analytics and business insight services but is not typically defined by its function in credit verification without infringing on consumer reporting. Thus, the definition of a Check Verification Business aligns precisely with the described services that do not involve consumer reporting.