TransUnion is a leading provider of credit and information management services. It is the third largest credit reporting agency in the United States. The company was founded in 1968 as a holding company for a railcar leasing business, which explains the name. In 1969 it entered the credit services business when it bought the Credit Bureau of Cook County, which had 3.6 million credit files stored in 400 cabinets. Fast forward to 2014, TransUnion reported a total revenue of $1,305 million and was present in more than 30 countries. The company is based in Chicago, Illinois, and is a BBB accredited business with an A+ rating.

What Services Does TransUnion Offer?

TransUnion provides unlimited access to its credit report and score, and monitors all three bureaus for suspicious activity on your credit reports. It also includes identity theft protection and specialized credit tools for businesses. In addition, TransUnion allows users to dispute errors, as well as put security freezes and fraud alerts on their TransUnion's credit report.

TransUnion's identity theft protection service is called TrueIdentity. The program monitors the internet, court records, and payday lenders for suspicious use of consumers' personal information. It also includes a $1 million ID theft insurance policy and assistance with canceling and renewing your credit cards, if you lose your wallet.

TransUnion only includes access to its own credit report and score. Although knowing TransUnion's credit score is useful for educational purposes, it is not a FICO score, the score used by the vast majority of lenders. Consumers will need to use a different service to see their FICO scores and their other two credit reports.

How Does TransUnion Work?

TransUnion is a subscription-based service that starts with a 7-day trial. If the account is not cancelled within the 7-day trial period, members are automatically enrolled in an indefinite subscription to TransUnion's credit reporting and monitoring services.

To ensure identity thieves cannot access consumers financial information, TransUnion requires users to open an account with TransUnion and confirm their identity. This involves providing their full name, address, date of birth and Social Security Number, as well as a credit card or other method of payment.

How Much Does It Cost?

TransUnion charges $19.95 a month for its credit reporting, monitoring and identity theft protection services. The product starts as a 7-day trial that costs $1. If consumers don't cancel their membership within the first seven days, they automatically enroll in TransUnion's monthly membership program.

How is TransUnion Better/Worse Than Other Credit Reporting Companies?

TransUnion offers a complete credit monitoring and identity theft protection service that also includes users' TransUnion credit report and score. TransUnion is world leader in credit analysis and identity theft protection that has over 35 years' experience and an A+ rating with the BBB.

However, TransUnion only provides access to its own credit score and report. Although it does monitor all three credit reports, you will have to look elsewhere to get a copy of the other two reports. The credit score included is not a FICO score. This means you will have to pay extra to another credit report provider to get a full picture of your credit profile and see the scores lenders use to determine creditworthiness.

  • Max Monthly Fee
  • No Monthly Fees
  • Fix Credit Report Errors
  • Identity Theft Insurance
  • 3-Bureau Credit Monitoring
  • FICO Score Available
  • Online Credit Education
SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...


Write a Review

Sort by:

  • Rating
  • Date
  • Most Useful

0 votes

This place works out well. Keep in mind there is a monthly fee. I did the math and decided that at 17.95 a month it's a lot less expensive to do this than to have to pay for who knows how much if my identity was stolen and I didn't know about it. So instead of being cheap about it, I pay and feel better about my finances.

0 votes

I am somewhat disappointed in Transunion. Nothing against their employees or their website, but something just doesn't seem right. I don't understand how my score has always been so different with them compared to Equifax and Experian.

0 votes

My husband and I recently moved to Northern California and were shocked when we found that we couldn't qualify for a rental unit because of our credit score. The people at Transunion were so helpful when we found out there had been all kinds of fraud in our name. Now we have a place to live and are trying to get through the nightmare of identity theft.

0 votes

Love this company. The setup is easy to get going, and you can access your credit report any time you want. I would like it if I could also access the other credit reporting agency's take on my credit, though. I have a lot of faith in Transunion, but I sometimes wonder if the other agencies have something they don't. Other than that, a great product.

0 votes

$17.95 for peace of mind?? Hmmmm. It's a no brainer, people. Stop worrying about spending the money and just spend it and find out what your credit score/report looks like. Or just stick your head in the sand and hope that everything is going to be okay with your credit while you spend that $17.95 on your cable bill.

0 votes

I did the personalized debt analysis and credit trending just for the heck of it. I thought, why not, since I'm a member? I almost didn't do it, because I thought I didn't need it, but I did it. Thanks goodness! What helpful advice. They came up with things that were totally personalized for me and that I had never thought of before. Really helped me.

0 votes

I signed up with TransUnion because the company also gets you your VantagePlus score, which is used by a surprising number of vendors but is not easy to find! When I saw that they provide it intheir 17.95 plan, I jumped right on it. It's very interesting to see what that score looks like compared to the others.

0 votes

I like this company a lot. They helped me get a handle on what my credit report really looks like so that I could start working on making it look even better. My only drawback is that they only give you a report of their info on you. I'd also like to have access to the other reporting agencies sometimes, but this isn't possible at this point.

0 votes

This company delivers on what they say they will do. I get my scores all of the time when I want them and the email alerts that things have changed on my report are priceless. Most of the time I know what they are, but there have been times that have warranted further investigation.

1 votes

Thank you for the unsurpassed service I received from your firm's representative.

Debbie Hussong

New Review for TransUnion

Rate it:

Login with social