TransUnion is a global credit information and insights company. Founded in 1968, it provides risk management solutions, credit reports, credit scores, identity verification services, and other credit-related information and data management services.
TransUnion collects, compiles, and analyzes financial and credit information from various sources, including lenders, credit card companies, utilities, and other data furnishers. This information is used to create individual credit profiles and credit reports.
TransUnion’s credit reports are used by lenders, financing companies, landlords, and other entities to assess the financial solvency of consumers and make informed credit decisions. TransUnion’s credit scores, such as the FICO score, are also widely used to evaluate an individual’s credit risk.
In addition to credit services, TransUnion offers solutions in other areas such as fraud management, identity verification, regulatory compliance, and fraud prevention. These solutions help businesses combat financial fraud and protect consumers from identity theft.
TransUnion operates in multiple countries worldwide and collaborates with organizations in the financial, insurance, real estate, e-commerce, and other industries to provide valuable information and insights.