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What Is TransUnion?

What Is TransUnion?

TransUnion is one of the three major Credit Reporting Agencies in the United States of America which also operates internationally. It is the third largest consumer reporting agency in the United States and was created in 1968 by the United Tank Car Company. It purchased the credit bureau of Cook County in 1969 and started operating as a credit reporting agency. It now operates in more than twenty five countries and in five continents across the world.

Credit Reports 101

Credit Reports 101

A credit report is a comprehensive and precise account of the financial history (particularly related to credit) of a person. All the main financial transactions including history of borrowing, repayment and bankruptcy is detailed in this report. The report is helpful for lenders when they decide the creditworthiness of a borrower. These reports are acquired by the lenders from companies such as Equifax, TransUnion, and Experian which are called Credit Bureaus.

Adverse Action Notice

An adverse action notice is provided to let a person know that he has been denied credit, insuran…

What Is TransUnion?

TransUnion is one of the three major Credit Reporting Agencies in the United States of America wh…

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