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February 5, 2025
On the wires
TransUnion Introduces TruVision Alternative Bank Risk Score to Help Lenders Better Assess Consumers With Limited Credit Histories
GlobeNewswire
"Despite a strong employment picture, some consumers are still struggling financially due to elevated inflation and higher than normal interest rates. In an effort to provide lenders with a clearer picture of thin- or no- file consumers, including those who may not be gaining sufficient access to credit, TransUnion introduced today the TruVision Alternative Bank Risk Score."
August 24, 2023
On the web
TransUnion Analysis Finds Synthetic Identity Fraud Growing to Record Levels
GlobeNewswire News Room
"As origination volumes for some credit products slow, a new TransUnion analysis finds fraud risk is continuing its upward trajectory as fraudsters employ increasingly sophisticated tactics to target lenders."
August 17, 2023
On the web
Following Rapid Rise in Credit Card Use, More Consumers Now Using Unsecured Personal Loans to Consolidate Debt
GlobeNewswire News Room
"A new TransUnion study, “Debt Consolidation in a Rising Economy,” found that amidst a period of growth in credit card balances and originations, consumers continue to turn to unsecured personal loans as a way to consolidate high interest credit card debt."