At TransUnion, we carefully safeguard the credit histories of approximately 500 million consumers worldwide.
The existence of an individual's updated credit file makes it possible for businesses to make nearly instantaneous credit and insurance decisions that are objective and well informed. Processes that used to take days or weeks can now be completed in minutes without personal prejudice or subjective judgment.
Our database also gives consumers more choices. It makes it possible for credit card issuers and other businesses to target their offers so consumers can shop for the best rates and terms. Ready access to current credit information makes the modern consumer economy possible.
TransUnion recognizes there is a balance between the availability of credit information, which benefits consumers, and improper access that can infringe on their expectations of privacy. Consumers appreciate the benefits they derive from the consumer credit reporting system, as long as those benefits are not outweighed by the potential harm caused if personal information is used improperly.
Read more about the guidelines that help us manage the availability of information.