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Calling itself a “global information solutions company,” TransUnion is a growing business that manages a significant number of credit reports worldwide. Here are a few things you should know about TransUnion.

TransUnion at a Glance

  • Headquarters: TransUnion, 555 W Adams St., Chicago, 60661-3719, United States
  • History: TransUnion went public on the New York Stock Exchange in 2015, but the company has roots from 1968.
  • Market Cap: $12.01bn
  • Number of Consumer Records: One billion
  • Total Number of Employees: 7,200 people worldwide
  • CEO: James Peck
  • Business Services Offered: TransUnion offers a wide variety of services for both businesses and the public sector. These services go from fraud detection and debt recovery to portfolio management and customer acquisition, and many more. You can learn more about TransUnion’s business services here and its services for the public sector here.
  • Consumer Services Offered: TransUnion’s main consumer product is TransUnion Credit Monitoring, which enables you to receive alerts on updates to your credit, obtain a personalized debt analysis, utilize their Credit Score Simulator Tool to aid in future financial decisions, and more.

Five Facts You Should Know About TransUnion

1. TransUnion Does Business Worldwide

TransUnion’s business doesn’t exist solely in the U.S. TransUnion operates in more than 30 countries and territories, providing services such as data, analytics, and building “credit economies worldwide.”

Calling themselves a “global risk information provider,” TransUnion dips into a variety of industries, including retail, the public sector, insurance, financial services, and more.

2. TransUnion Services Tens of Thousands of Business Customers

Given their worldwide status, it should come as no surprise that TransUnion services a large customer base. The company currently has more than 65,000 business customers and maintains the credit histories of more than 500 million consumers around the world.

3. TransUnion Employs Thousands of People

So, how many people does it take to run such a large operation? A lot. TransUnion employs more than 7,200 people around the world.

4. Monthly Data Updates Come to TransUnion in the Billions

It takes a lot of data to report on more than one billion consumers worldwide. So much data, in fact, that TransUnion processes more than 4.8 billion updates per month.

What does that mean to you? In order to create accurate credit reports on consumers, TransUnion relies on consumers’ creditors to send monthly updates of their payment activity. These updates ensure that the credit reports are fair and accurate — and a data flow of more than three billion updates per month shows that TransUnion and data providers are working together to do just that.

5. TransUnion Has a Tool to Help You Make Future Financial Decisions

Yes, it’s important to make sure your credit report is fair and accurate, but what about understanding how to make better credit decisions in the future? TransUnion offers a tool called the credit score simulator to help people try out a variety of scenarios and see what each might do to their credit scores.

The only way to get access to this tool, however, is to sign up for TransUnion credit monitoring, which does charge a monthly fee. If you don’t want to pay for monitoring, TransUnion also allows you to lock your credit report for free and get up-to-date alerts on your credit.

Click here to sign up for Upturn Credit — you’ll be able to review your credit and dispute any errors you might find all in one place for FREE.

How to Reach Out to TransUnion About Your Credit Report

Now that you know more about TransUnion’s business, you should also know that you have a right to contact them if you find any errors on your TransUnion credit report.

You can start a credit report dispute with TransUnion online using this link, on the phone at this number (800-916-8800), or by mail using these instructions. And, if you want to reach out to TransUnion for any other reason, you can do so by viewing the contact information for various departments here.

Get the facts: Here’s everything you need to know about credit scores and credit reports.