TransUnion

TransUnion is an American consumer credit reporting agency. TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including “200 million files profiling nearly every credit-active consumer in the United States”. Its customers include over 65,000 businesses.

TransUnion

What is TransUnion used for?

TransUnion is a major credit bureau that produces credit reports. Lenders and other businesses use credit reports to inform lending decisions. Monitoring your credit reports can give you an idea of where your credit stands and ensure your reports are free of errors.

How do I clear my name from credit bureau in South Africa?

The simplest way to clear your name from the credit bureau is to pay off the debt. According to TransUnion, one of South Africa‘ biggest credit bureaus, this will usually result in your name being removed from the blacklist within 7 – 20 days.

What is a good TransUnion score?

721 – 780

A good credit score from TransUnion, which is based on the VantageScore 3.0® scoring model, is in the range of 721 – 780. If your credit score is below this range, consider 721 and above a good long-term goal.

Is a TransUnion a credit score?

The score you see provided by TransUnion is based on the VantageScore® 3.0 model. FICO and VantageScore credit scores range from 300 – 850. The scores are calculated using information in your credit report. Much, but not all, of your credit report information is considered by scoring models.