Canada, Online, Ontario
TransUnion is a credit reference agency that helps you take control of your financial situation by providing Canadian credit reports and scores. The organization has been around since 1968 and has partnered with various credit score agencies.
It has its headquarters in Chicago and trades on the New York Stock Exchange. The company also operates in over 33 countries worldwide. Their subscription plans include credit score and credit report assessments.
These represent your creditworthiness and your previous credit history. And the reports show whether you are eligible for a personal loan, credit card, home loan, or other types of loans.
TransUnion requests your personal information such as name, address, social security number, and more to compile an accurate credit score report. This information must also include your financial history.
Here you should stipulate any debt you might have, your payment history, and credit application activity. The data is then used to assign various credit ratings and, ultimately, to build a credit score report.
TransUnion’s most notable feature is its credit freeze and lock product. You can freeze and unfreeze your credit with TransUnion for free. With a subscription to a paid membership, you can access more features and options to lock and manage your credit information.
Their organization also offers credit and debt analysis services. These summarize crucial information from your credit card to generate specific advice and solutions. The objective is to help you improve your credit card score. Clients can use TransUnion’s products to respond to fraud at all levels. With the TransUnion alert feature, you can get real-time warnings of any suspicious behaviour related to your credit.
You’ll also receive fraud resolution help through their credit assistance center. Additionally, they serve as a data source for credit score agencies. And they also provide a wealth of credit education resources to assist you in improving your credit scores.
Canada, Online, Ontario
To draw up credit reports, TransUnion collects information regarding your credit history along with your personal information.
TransUnion saves the information it collects from companies you’ve opened credit with, past and present. This information is then saved against your name on TransUnion’s system and is used to build your credit profile.
The information acquired is made available to organizations, such as banks, who require it to approve a loan or credit that you’ve applied for.
Any late or failed payments against credit or monies borrowed harm your credit score. Bankruptcy or insolvency will also impact your credit score even after it has been resolved. However, making regular payments in full against your debt will improve your credit score.
You can check your credit score through TransUnion online after verifying your identity by answering a few questions. After successfully completing the online authentication phase, you’ll receive your TransUnion Credit Report and Credit Score via your confirmed email instantly.
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Great. Should have protection in case somebody does try to steal your identity. That happens there they will protect you and will prosecute the person who ever did it. It happened to me and know I have protection.
I have been a member of TransUnion Credit Bureau for 3 months. The information, advice and customer service provided by TransUnion are most informative, helpful and allowed me to secure less expensive loans. Well worth the monthly fee. I recommend the service.
Thank you for your valuable input!