TransUnion Credit Reporting Faq’s

TransUnion is one of the three credit reporting bureaus along with Equifax and Experian.  The three credit reporting agencies keep track of your credit history and provide reports to prospective lenders and mortgage brokers.  TransUnion not only reports on your credit, but they have processes in place to help make corrections to your report. On their site, TransUnion asks: “Have you applied for a credit card and been denied because of bad credit?” Credit card companies may be closing the door to you because of inaccurate information! TransUnion helps to fix your credit record, but only if you know what  your TransUnion credit report says and specifically what needs to be fixed on TransUnion’s report.

TransUnion allows you to run a credit check on yourself quickly and easily.  You could even pull your TransUnion credit report online while on a lunch break or in your pajamas at home. The sooner you see the Experian, Equifax or TransUnion credit reports that lenders and credit card companies see, the sooner you can make the changes needed to improve your credit rating and change in your life.

With a menu of reporting format options ranging from a free TransUnion credit report to a low-cost $29.95 three in one credit report profile including a free credit score, there is almost no reason that you can’t quickly and conveniently obtain your TransUnion credit report information and immediately report any payment, debt, name, or address mistakes to TransUnion.

Do you need to purchase a personal TransUnion credit report? Right now you can run a personal credit check for only $9. Do you want to compare your Experian, Equifax and TransUnion credit reports side-by-side to be sure none of them are reporting damaging or flat out wrong information about your credit history? If so, the three in one credit report is the way to go.

Yes, credit reporting agencies sometimes make mistakes. TransUnion may not even know it and their mistakes could cost you. It is up to you to make sure that your debt payment history information is reflected accurately on TransUnion’s report. Does your TransUnion credit report tell lenders that you made two late payments — but you didn’t? Does the report say that you still have an outstanding auto loan debt — but your car is paid off? Correcting wrong info can possibly increase your credit score. Increasing your credit score could mean the difference between a lender saying YES instead of NO.  Transunion also offers id protection services that will keep track of your credit reports for fraud and identity theft.

Here is what a TransUnion credit report will show you:

  • Names you have used
  • Current and prior addresses
  • Names of your creditors
  • The amount of secured and unsecured debt taken out in your name
  • Whether that debt is in the form of a revolving or installment account
  • The current balances versus the limits on those accounts
  • How prompt or late payments have been
  • Your employment history and employer addresses
  • Public records of judgments or liens against you

How do you get your TransUnion credit report right now? Just visit their site at www.transunion.com.free credit report.