About TransUnion credit reports

TransUnion is one of the three main credit reporting agencies that are in operation today, and TransUnion credit reports hold a variety of finance related information that is passed to the agency by a range of companies such as lenders, utility companies, and other outside agencies with which you may have or may once have had financial dealings. TransUnion credit reports are available to order online, so if you want to get into the habit of checking your credit file you can do so with ease and convenience.

What sort of information you will find on TransUnion credit reports

The nature of the information that you will find on TransUnion credit reports is the same as you will find on all other credit reports, in that it all relates to finance based transactions. Therefore, you will find that TransUnion credit reports contain information such as any loan or credit applications that you have made, whether or not they were successful, any loans, credit cards, store cards, catalogue accounts, or other types of credit that you may have, and your repayment information – i.e. how you make your repayments and whether you pay on time and for the amounts requested by the creditors.

You will also find other information on TransUnion credit reports, such as data submitted by companies to which you may make bill payments, such as utilities companies. If you make all of your repayments and bill payments on time and for the requested amounts, then this will be filed on your report and will help you to achieve and maintain a good credit rating, which could really help when you are trying to obtain credit in the future. However, if you miss payments or are regularly late with repayments and bill payments then this will also be logged on your credit report, and this can work in the opposite way in that it can cause your credit rating to fall and can make it more difficult to obtain credit in the future.

In addition to TransUnion credit reports you can also order your credit reports from the other two main credit reporting agencies, which are Experian and Equifax. Alternatively, you can order a three in one credit report, which will list all of the credit details held by the three main agencies, and is a handy and convenient way to keep a check on your credit file and credit rating.