Who are TransUnion customers?

Asked by: Wilmer Treutel  |  Last update: February 9, 2022
Score: 4.2/5 (10 votes)

TransUnion is an American consumer credit reporting agency. TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including "200 million files profiling nearly every credit-active consumer in the United States". Its customers include over 65,000 businesses.

Who TransUnion clients?

Our customers include two of the four largest banks, the top 10 insurance companies, and top multinationals in banking, retail and telcom. We make trust possible by ensuring each consumer is reliably and safely represented in the marketplace.

Who does TransUnion use for credit?

TransUnion uses the VantageScore® 3.0 credit score. Get more information about VantageScore.

What is the purpose of TransUnion?

TransUnion is a global information and insights company that makes trust possible between businesses and consumers, by ensuring that each consumer is reliably and safely represented in the marketplace. We do this by having an accurate and comprehensive picture of each person.

What services does TransUnion?

Identity Proofing
  • Device Risk. Prevent fraud with our device intelligence services that provide real-time device risk insights. ...
  • Identity Verification. Combat identity theft with our advanced Identity Verification services. ...
  • Fraud Alerts. ...
  • Email and Phone Verification. ...
  • Document Verification.

Our Story: TransUnion Makes Trust Possible

19 related questions found

Who are TransUnion competitors?

Competitors and Alternatives to TransUnion
  • ThreatMetrix.
  • Kount.
  • LexisNexis.
  • Experian (41st Parameter)
  • Accertify.
  • CyberSource.
  • IBM.
  • Idology.

Who owns TransUnion South Africa?

TransUnion sells its share in its Receivables Management business to the existing shareholders Safika Investments and Jagfin Trust. TransUnion continues to offer collection solutions and modelling capabilities, but no longer owns and manages operations in the third-party collection space.

Does Goldman Sachs own TransUnion?

In 1981, a Chicago-based holding company, The Marmon Group, acquired TransUnion for approximately $688 million. In 2010, Goldman Sachs Capital Partners and Advent International acquired it from Madison Dearborn Partners In 2014, TransUnion acquired Hank Asher's data company TLO.

Is TransUnion trustworthy?

Is TransUnion legit? TransUnion is one of the three major credit bureaus, and it has a strong reputation for providing reliable, consistent credit scores. It offers credit monitoring services, fraud alerts, identity theft protection and other useful services to help consumers maximize their credit.

Which banks use TransUnion?

Which Banks Use Transunion Canada?
  • Royal Bank of Canada (RBC)
  • Bank of Montreal (BMO) *
  • Scotiabank*
  • National Bank*
  • Laurentian Bank.
  • Bridgewater Bank.
  • Tangerine*
  • Vancity.

Is TransUnion usually the highest score?

A good score with TransUnion and VantageScore® 3.0 is between 720 and 780. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. Some people want to achieve a score of 850, the highest credit score possible.

Is TransUnion more accurate than Equifax?

Equifax: Which is most accurate? No credit score from any one of the credit bureaus is more valuable or more accurate than another. It's possible that a lender may gravitate toward one score over another, but that doesn't necessarily mean that score is better.

Which is more important TransUnion or Equifax?

Is TransUnion more important than Equifax? The short answer is no. Both TransUnion and Equifax are reliable credit reporting agencies that compile reports and calculate your credit scores using different scoring models.

How do I clear my TransUnion CRB?

To get a CRB clearance:
  1. Contact any of the CRB companies listed below.
  2. They will provide you with an online form to Fill.
  3. You will then have to pay Ksh. 2,200.
  4. Wait for your information to be processed.
  5. You will receive your clearance if you do not have any loan default.

When did TransUnion go public?

June 25, 2015. TransUnion rang the NYSE Opening Bell® to commemorate the company's initial public offering and first day of trading on the New York Stock Exchange. TransUnion trades on the NYSE under the ticker symbol “TRU.”

What is TransUnion and Equifax?

Transunion and Equifax are two of the major credit bureaus in the US. They collect information about a consumer's financial life, such as their payment history, applications for new credit, and existing credit. This information is recorded in the form of a credit report.

Do banks look at TransUnion or Equifax?

While the FICO® 8 model is the most widely used scoring model for general lending decisions, banks use the following FICO scores when you apply for a mortgage: FICO® Score 2 (Experian) FICO® Score 5 (Equifax) FICO® Score 4 (TransUnion)

Who owns TransUnion?

TransUnion is owned by, wait for it, Goldman Sachs. They were purchased for $3 billion in 2012.

Why did TransUnion suspend my account?

In order to protect your privacy, access to your account has been temporarily suspended. This measure is taken when there have been too many attempts to login. What to do: * Order your Personal Credit Report by phone or mail.

What does TransUnion TLO stand for?

TLO, which stands for “The Last One,” is the creation of Hank Asher. He is a pioneer in the field of investigative data tools. He was the founder of Accurint, now a Lexis product. He offers TLO free to law enforcement agencies but limits access to TLO to certain professionals not the general public.

Who started TransUnion?

A railcar leasing company called the Union Tank Car Company created TransUnion in 1968 as its parent holding company. One year later, the business chose to acquire the Credit Bureau of Cook County (CBCC). CBCC manually managed 3.6 million consumer files in 400 seven-drawer cabinets.

What is TransUnion TLOxp?

TLOxp® is the fastest and most efficient way to uncover, locate and verify information on individuals and businesses. ... Information can also be delivered immediately through direct API connections straight into your own software platform or though batch services for bulk data appends and searches.

How many countries does TransUnion operate in?

TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people in more than 30 countries.

How do I find my TransUnion username?

Select the “Forgot ID” link on the home page to request a User ID reminder. You will be required to enter your e-mail address, first name, and last name- exactly as it was entered in your user profile. A reminder containing your User ID will be sent to the e-mail address listed in your user profile.