Faced with an economic downturn and rising unemployment, financial institutions and other organizations need a more complete picture of the consumer. As lenders recalibrate their acquisition and risk management strategies, they want to make smarter [...]
For the consumer credit market, 2020 has proven quite tumultuous. The year started off normal enough, but the COVID-19 pandemic quickly threw things off kilter. The exception was the mortgage industry, which benefited from all-time [...]
When you find an inaccuracy on your credit report and dispute it with us, TransUnion will start an investigation. We send the disputed information to the lender to investigate it, and they have 30 days [...]
Have you ever received an email or text that just didn’t seem right? Maybe it was addressed to you and supposedly from a company you knew, but something felt a little off? It may [...]
To make the upcoming holiday season merry and bright, will consumers start using their credit cards again? It may be too early to tell. As reported in our just-released Q3 2020 Industry Insights Report, since [...]
Knowing the basics about credit scores and reporting will help you develop smart credit habits and make effective decisions for your financial future. Over time, these good credit habits and decisions should have a positive [...]
As we prepare to close 2020 and begin to plan for 2021, credit unions are considering strategies and solutions. Each year in November, lenders from credit unions across the country gather at the CUNA Lending [...]
TransUnion (NYSE: TRU) unveiled today its new seamless and real-time service for lenders and other businesses to access verified income and employment data. Risk decisions often require verifying consumer income and employment information to more [...]
To help consumers take more control of their data and more quickly secure the right loans at the right time, TransUnion (NYSE: TRU) announced today an equity investment in FinLocker’s approximately $20M Series A-1 [...]
New research from TransUnion’s (NYSE: TRU) Consumer Financial Hardship studies found that phishing is the top digital fraud scheme worldwide related to the COVID-19 pandemic. Among consumers reporting being targeted with digital COVID-19 schemes [...]
The COVID-19 pandemic is causing similar financial hardship for consumers around the world, but new research indicates that Millennials (those persons between the ages 26-40) are being challenged the most. A just-released TransUnion (NYSE: TRU) [...]
The user experience across financial services has evolved as consumers are increasingly shifting toward digital channels. To bring the FinTech experience to the credit union industry, TransUnion (NYSE: TRU) is working with Rate Reset to [...]
