A comprehensive credit reporting system that includes credit history data not only from banks but from other institutions— such as trade creditors, leasing and factoring companies, retailers and utilities and microfinance institutions—is critical in the establishment of a well-developed and inclusive financial infrastructure. These additional sources of data can improve the accuracy and scope of the credit reports produced by credit bureaus and credit registries, and generate incentives to improve borrower discipline, particularly in economies with weak legal enforcement mechanisms. Economies that report repayment histories from non-regulated entities tend to include higher numbers of individuals and firms with different income levels and backgrounds in their credit reporting system. By helping more potential borrowers build a credit history, comprehensive credit reporting has the potential to improve the chances and cost of getting credit for millions of low-income individuals and firms.