Credit reporting companies promote and fuel economic growth for companies and individuals alike. Trans Union is one such company that provides up-to-date consumer information and innovative services that allow people to execute credit transactions with security and trust. It offers a variety of benefits to its clients and the overall economy:
- Trans Union allows consumers to open and expand their credit lines based on good credit history.
- Trans Union provides businesses with accurate and important information concerning intelligent financial decisions to increase their stability.
- Trans Union decreases loan losses and bankruptcies by assisting in finding the necessary information for credit providers regarding individual borrowers.
- Trans Union gathers all essential information from the credit bureau quickly and accurately to reduce risk-assessment costs.
- Trans Union increases borrowing capabilities without lengthy support documentation through its systematic lending techniques.
- Trans Union offers better protection against fraud by supplying additional information, including invalid addresses and Social Security numbers so businesses can avoid potentially fraudulent credit applicators.
- Trans Union allows fast and easy access to information so consumers are able to make large purchases, such as a car.
Trans Union has been an innovator of financial-assisting products for many years. The Fraud Victim Assistance Department was the first credit fraud unit in the industry. It is made up of three distinct teams: The Consumer Protection Team (CPT), the Fraud Investigation Response and Support Team (FIRST), and the Fraud Assistance Support Team (FAST). Trans Union’s FVAD highly qualified staff is comprehensively trained in the techniques of detection, prevention, and resolution of credit fraud situations. Employees are also always up-to-date on the regulations, laws, and consumer policies.
Trans Union maintains a steady company that consumers can rely upon for the benefit and safety of their credit accounts. Trans Union strongly believes in their clients’ confidence by building a strong sense of trust. Consumers are provided with clear, accurate overviews of their financial portfolios as well as assistance in any area of need. With Trans Union’s opportunities and benefits, clients are better able to achieve a solid credit status and understand everything involved.
Trans Union has created an extensive and qualified network of more than 3600 employees throughout the world, in order to provide top service to businesses and individuals everywhere. It is equipped with the highest standard of products and tools for the benefit and use of its clients. So no matter if you are in Iowa or Japan, you will be provided with any financial information and/or options you may need.
Trans Union is also one of the three providers of credit reports. Along with Equifax and Experian, Trans Union can provide you much of the information you will need to know to understand your credit score and the kind of credit and financial aid you can receive to make large purchases, such as a home or car.
Trans Union utilizes the information and feedback of its customers to create the tools and products that customers need and want. This includes innovative data about credit decision-making, fraud prevention, advanced target marketing, risk and profitability supervision, portfolio management, and others. Trans Union has enabled companies and individuals to capitalize on their financial situation and market opportunities.
By Monica Drusch