Transunion

Bills to reform credit bureaus unveiled on eve of hearing

02/25/19

Ahead of testimony by the CEOs of the major bureaus, House Financial Services Committee leaders proposed sweeping changes for the credit reporting industry and credit-score protections for furloughed government workers.

[more]

Banks fall further behind fintechs in personal lending

02/21/19

Personal loan balances hit an all-time high in 2018, while fintech lenders widened their market share lead over banks and credit unions, according to new data from TransUnion.

[more]

Government shutdowns add new wrinkle to credit bureau reform

02/11/19

As another possible shutdown looms, concerns about furloughed workers’ credit histories have shifted the reform discussion away from data security.

[more]

FHFA would ban VantageScore from Fannie Mae, Freddie Mac credit scores

12/13/18

The Federal Housing Finance Agency has proposed barring Fannie Mae and Freddie Mac from using credit scores developed by VantageScore over concern about conflicts of interest with the joint venture of Equifax, Experian and TransUnion.

[more]

Credit Karma to gain a footing in the U.K.

11/06/18

Credit Karma has agreed to buy a credit reporting company that TransUnion initially sought to develop as the fintech's British equivalent.

[more]

Bill to enhance poor credit scores will backfire, critics say

07/30/18

Allowing alternative data such as rent and utility payments has bipartisan support, but some say it could create more problems than it solves.

[more]

A chance for consumers to 'know what the credit bureaus know'

07/12/18

Senators at a hearing Thursday discussed a bill establishing an online portal for consumers to monitor their credit reports free of cost.

[more]

Plenty of payday loan customers have good credit: TransUnion

05/24/18

A chunk of alternative loan customers are perfectly creditworthy, a report from the credit bureau shows.

[more]

Credit card use hits all-time high, and debt highest in years

05/08/18

About 175 million Americans now have access to a credit card, and the delinquency rate has gone up along with that, but an expert at TransUnion, which issued the data Tuesday, said the underlying metrics suggest there is no cause for alarm — yet.

[more]

Credit bureaus aren’t going anywhere. For now

04/04/18

Some speculate that the banks who do business with credit reporting agencies may be looking for alternatives after mounting concerns about their ability to keep information private. But breaking up is hard to do.

[more]