How many credit cards should you have?
Credit cards can help you build a healthy credit history if you manage them properly. You may also benefit from rewards like cash back or points to be used for travel or other things you [...]
TransUnion News Archives
Private student loans and your credit
Taking out any student loan is a big financial decision. If you’ve exhausted the amount of federal student loans you’re eligible for, you may be considering additional, private loans to bridge the gap. [...]
The art of cybercrime
The excitement around NFTs, rich digital experiences and internet connected devices, highlights the craftmanship of digital professionals. This streak of creativity, however, extends to cyber-criminals who are developing highly imaginative, sophisticated and cutting-edge approaches to [...]
Building credit as an immigrant
If you’re new to the United States, you’ve probably got a lot on your mind. There’s plenty to do to get settled, including getting your finances in order. Establishing and building credit [...]
My credit score dropped, but there were no changes on my report
Your credit score is calculated based off the information in your credit report. To create your score, the information is broken down into different categories or factors. These factors may be weighed differently based on [...]
How marketers can engage in the omnichannel consumer journey
The growing number of owned devices, platforms and channels has created a complex labyrinth where connecting disparate data points to make sound, data-driven targeting decisions is increasingly difficult. At the same time, consumer expectations around [...]
How to prepare your credit to buy a house
For many, a home is the biggest purchase they’ll ever make. Knowing your credit health can help ease the stress of such a major financial decision. If you’re worried about qualifying for a [...]
Three perspectives on the credit union market
Summary of Industry Metrics Throughout the summer, lenders experienced significant YoY origination growth across numerous products, including card, auto and personal loan. Card originations soared with 124% YoY growth, while personal loan experienced ~70% origination [...]
Understanding the consumer dynamics of auto refinance
Vehicle sales will continue to decline as inventory shortages impact retail and wholesale supply chains. As such, auto lenders are exploring growth options and even traditionally non-auto lenders are entering a largely untapped space — auto [...]
Credit cards are surging thanks to Gen Z
The just-released Q3 2021 Quarterly Credit Industry Insights Report (CIIR) reveals the auto, mortgage and personal loan industries all showed renewed signs of strength, along with a resurgence in the credit card industry — largely due [...]
Save or pay off debt? Here’s what to consider
If you feel like debt is weighing you down, but you want to build up some savings, too, you’re not alone. Our quarterly Consumer Pulse shows that, despite challenges to household budgets, some people [...]
Marketing and underwriting challenges: How buy now, pay later and point-of-sale lenders can compete more effectively
Innovative, new payment options like Buy Now, Pay Later (BNPL) and point-of-sale (POS) financing are becoming increasingly popular with consumers at checkout — due in large part to their low-friction, convenient nature. This holds especially true [...]
Paying for a wedding: Loan and credit card considerations
Your wedding promises to be a wonderfully memorable day, but it can also come with a wonderfully hefty price tag. There are the major expenses like the venue, food and entertainment. But little things can [...]
Small business credit basics: Tips for the self-employed
If you’re getting into business for yourself, say through ride sharing, freelance work or selling products online, you’re likely starting to take business cash flow seriously. Your personal finances and business finances may [...]
Buy now pay later basics: 5 things to know before you shop
When checking out at your favorite online store, you may have seen the option to “Buy Now Pay Later.” Buy now pay later (BNPL) programs are becoming more common as retailers partner with companies to [...]