Real Estate Glossary

What is Trans-Union?

TransUnion is one of the three major credit reporting agencies in the United States, along with Equifax and Experian. They collect and maintain credit data on individuals and businesses, which is used to create credit reports. These reports are used by lenders, landlords, and other organizations to assess the creditworthiness of potential borrowers or tenants. TransUnion also provides credit monitoring services to individuals, allowing them to track their credit score and detect any potential errors or fraud on their credit report.