TransUnion

2 Posts
1 Sections
1 Types

January 1, 1 6 min read Definitions

Credit Rating Credit Bureaus Consumer Reporting Agencies Creditworthiness Financial Risk Assessment Equifax Experian TransUnion

A Credit Rating Service or Credit Bureau is an organization that provides information regarding the creditworthiness of a prospective borrower. These agencies, also called consumer reporting agencies (CRAs), are essential for lenders to assess the risk of lending to individuals and businesses.

January 1, 1 5 min read Definitions

TransUnion

TransUnion Credit Reporting Agency Credit Bureau Consumer Credit Credit Scores Experian Equifax Lenders

TransUnion is one of the three major credit reporting agencies (along with Experian and Equifax) in the United States, responsible for collecting and providing consumer credit information to lenders and other entities.