Use Credit Reports

At each stage of your customer lifecycle, you need the right information to reduce your risk, control expenses and make more sound decisions.

Take a look at how our credit reporting gives you the insight to help protect your business, reduce the chances of fraud and verify your customers' financial status.

We’d like to offer more customers a good interest rate as a promotion. How can we determine if a prospect has a good credit history?

With TransUnion Credit Reports, an easy-to-use report gives you data from retail stores, banks and other financial institutions to help you determine the risk of a prospect.

We’ve had some trouble collecting on our loans. How can we determine if we’re making good lending decisions?

As part of our Risk Analytics, we use standard and customized techniques to help you establish benchmarks, historical data, forecasting and trend analysis to determine more effective lending strategies.

We’re looking for a more reliable measure of our customers’ ability to pay. How do we find out what their credit scores are?

With TransUnion Credit Reports, an easy-to-use report gives you data from retail stores, banks and other financial institutions to help you determine the risk of a prospect.

We want to obtain credit information about a customer, but we know we must have a Permissible Purpose to be given the data. What are the guidelines and under what circumstances can we obtain our customer’s data?

Permissible Purpose is part of the Fair Credit Reporting Act of 1964 (FCRA). This law details the credit information we can provide and the circumstances under which we can provide you with a consumer credit report.  Please contact your legal counsel for further information on the FCRA.