All about TransUnion

As one of the three major credit bureaus, TransUnion keeps track of all consumer credit-related activity in the form of credit reports and credit scores. You can also find helpful information at their website - www.TransUnion.com - such as details about the Fair and Accurate Credit Transactions Act (FACT Act) which protects consumer rights when it comes to credit, helpful tips on building a credit history or improving your credit rating, and guidelines on how to reduce your debt and set a budget.

Each credit bureau creates unique credit reports and scores

To find out more about your financial history, itís important to know that each credit bureau - TransUnion, Experian, and Equifax - create their own unique reports and credit scores. Because each company collects financial data independently, your credit scores may vary from bureau to bureau by as many as 40 points. So if you want to see a complete picture of how lenders view your creditworthiness, you'll need to obtain copies of all three credit reports and credit scores.

Monitoring your credit reports through TransUnion

It's important to review your credit reports from time to time to make sure all of the information they contain about your financial history is correct. And it's helpful to know what your credit score is before you apply for credit so you'll know what to expect from lenders in terms of interest rates and monthly payments.

You can order copies of all three of your credit reports through TransUnion's website for a one-time fee of $14.95. Or sign up for TransUnion's three credit bureau monitoring service to monitor your reports as well as all three of your credit scores. With this service, TransUnion helps you guard your financial information against identity theft by giving you unlimited access to your reports and alerting you if anything changes significantly on any of your reports. If you find that the changes were due to fraudulent activity, youíll be able to act quickly to report identity theft. The service also includes $25,000 worth of identity theft insurance in case youíre ever an identity theft victim. The cost for this service is $14.95 per month.

To find out more about TransUnion's credit services, tips, and products, go to the company's website at www.TransUnion.com.