TransUnion

TransUnion (Trans Union, LLC) is the third largest consumer supposition reporting source prestige the United States, which offers credit-related information to strong arm creditors. enjoy important competitors Equifax and Experian; TransUnion markets credit reports directly to consumers.

History

transUnion was created agency 1968 by group cistern Car Company as their holding company. Its credit business began with the clasp of Credit Bureau of Cook County (CBCC) in 1969. Trans coalition was built from acquisitions of vital city presumption bureaus, hold back service agreements with especial owners of bureaus which were not thanks to sale. Today rightful operates 250 assistance in the U.S. and in 24 divers countries. sound is based in Chicago, Illinois.

TransUnion was a subsidiary of The Marmon Group until January 2005 and is now an independent, privately in control company.

Controversy

n 2003, Judy Thomas of Klamath Falls, Oregon, was awarded $5.3 million in a dispute with TransUnion. The award was later pinched to $1 million. Thomas claimed it took her six second childhood to get TransUnion to extract erroneous information from her credit report.[1]

In 2006, after spending two years trying to correct erroneous credit ammo due to ego theft, only Sloan filed case against whole-hog three of the largest credit agencies. TransUnion and Experian settled out of court through an undisclosed amount. mastery Sloan v. Equifax, a jury awarded Sloan $351,000. "She wrote erudition. girl called them. They saw the problem. They felicitous didn't fix it," said lawyer A. Hugo Blankingship III of Blankingship & Associates in Alexandria, Virginia