What is Trans Union?
Trans Union is one of the "Big Three" major credit reporting bureaus which are commonly used
by insurers and lenders to obtain information on their applicants credit history. Based in Chicago, Illinois -
TransUnion in 1968 by Union Car Company. As of 2006 it operates more than 200 offices across the country,
and around the world.
Trans Union, much like the other two big credit reporting agencies (Equifax
and Experian), now
market their credit reports directly to consumers, in addition to their core business of providing
the reports to potential creditors. Which is good news for consumers, because now
anyone can view their credit report as a potential lender would see it.
What is an Trans Union Credit Report?
A Trans Union Credit Report is a compilation of credit reporting data from many sources. It can be
delivered instantly online after your identity is confirmed, and you also have the option of
printing it out if needed. You can also get your Trans Union Credit Score (FICO Score) along with your report.
Is a Trans Union Credit Report the same as the others?
In many ways, yes it is very similar, but not exactly the same. Lenders don't always
report to all three major credit bureaus. Some only report your payment history and balances to one or two of the major
bureaus, so it is important to check all three agencies to thoroughly review your credit history, and
to check for errors or signs of identity theft in your credit report. Your report from each
of the "Big Three" bureaus will usually differ slightly.
External Links:
• Official TransUnion Website (opens new window)
Some common misspellings of Trans Union include: tran union, trans unon, transunioncom, tranunion,
trns union, trens union, trans onion, transonion, trans unin, trans unien.
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