A Credit Information File is made up of records of a financial institution which contains the borrowing and repayment activities of a corporate entity or an individual. The content of the Credit Information File is used to determine the credit score of the client. In business valuation, credit information file qualifies as intangible assets because they can be recognised, separated from tangible assets and their associated economic value can be reliably estimated. Such information is of immense value to financial institutions by offering important information which can inform new products, customisation of products, and other exclusive advantages which are not available to competitors. Business valuation analysts estimate the fair market value of credit file information by applying techniques under the cost, market, and income methods.