Trans Union Credit Report

Trans Union Corp. 760 W. Sproul Road Springfield, PA 19064-0390 800-888-4213

To order a copy of your Trans Union credit report, click here.

TransUnion is one of the three major credit bureaus.

Trans Union's national consumer credit information file includes public record information and accounts receivable data from national, regional, and local credit grantors. This information is incorporate into a credit report that provides the consumer's history of payment on financial obligations. The payment history contained in the file is reviewed by credit grantors to help them determine whether to extend credit to individuals.

In 1970, the company introduced the Trans Union Credit Reporting Online Network Utility System, the CRONUS system complements the automated techniques used by credit grantors. CRONUS provides credit grantors across the country with credit information on consumers.

To see a sample TransUnion credit report, cilck here.

Trans Union Credit Report Fields

There are four primary categories of information contained in each type of credit report:

1. Personal Information
   
2. Credit History
   
3. Public Records
   
4. Inquiries

Personal Information

A credit report's personal information section includes your:

• Name
  
• Current and previous addresses
  
• Social Security number
  
• Telephone number
  
• Date of birth
  
• Current and previous employers

Credit History

A credit report's credit history section includes a listing of all the credit accounts you have had in the last ten years. Types of credit accounts include:

• Retail credit cards
  
• Bank loans
  
• Finance company loans
  
• Mortgages
  
• Bank credit cards

The credit history section shows creditors how well you have kept your financial promises. Each entry in this section includes:

• Account number
  
• Creditor's name
  
• Amount borrowed
  
• Amount owed
  
• Credit limit
  
• Dates when the account was opened, updated, or closed
  
• Timeliness of payments
  
• Late payments (these are noted as a negative activity)

Adverse account information section:

Credit report information that is not considered to be positive payment behavior, such as a past due account, remark code, or late payment history. Adverse account information may generally be reoprted for 7 years from the date of the first delinquency, depending on your state of residence.

Satisfactory account information section:

Account iiformation with no adverse infromation.

Public Records

A credit report's public records section includes:

• Tax liens
  
• Bankruptcies
  
• Court judgments (including child support judgments)

Any negative activity in this section reflects poorly on your creditworthiness. Even if an item has been paid in full, the presence of even a one-time occurrence indicates a potential future concern for creditors.

Inquiries

A credit report's inquiries section includes a listing of all parties who have requested a copy of your credit report. Your rights to privacy are protected by the Fair Credit Reporting Act (FCRA), and therefore only inquiries from those entities with a permissible purpose are granted access to your report.

Inquiries that do not appear on the business version of your credit report are promotional inquiries or account management inquiries. Both promotional and account management inquiries are not counted as official inquiries.

Promotional Inquiries

Vendors query TransUnion database based on a set of parameters and receive mailing address information for individuals matching their criteria. These vendors are not viewing your report. They just want to give people who meet their parameters a firm offer of credit or insurance.

Account Management Inquiries

Credit grantors who have permission to review the credit reports of their accountholders may do so on a periodic basis. These are not counted as official inquiries.

Related Articles:

• How to Improve Credit Score
• FICO Credit Score

.