Transunion ze account how to#

As a result, businesses and consumers can transact with confidence and achieve great things. We do this by providing a comprehensive picture of each person so they can be reliably and safely represented in the marketplace. TransUnion is a global information and insights company that makes trust possible in the modern economy. Additional resources for consumers looking to protect their credit during the COVID-19 pandemic can be found at /covid-19.

Transunion ze account how to#

Information about the CreditVision Acute Relief Suite can be found here and businesses interested in learning how to navigate the impacts of COVID-19 can gain insights from TransUnion webinars, blogs and more here. 6.4 weeks for those without an accommodation). These individuals also are closer to being unable to pay bills/loans (4.9 weeks vs.

those who have not had an accommodation (60%). However, financially impacted consumers who have received an accommodation are more concerned about paying bills/loans (90%) vs. Recent TransUnion consumer research found that three in four (74%) consumers who have a financial accommodation are extremely or very confident that they understand the terms. Accounts in such status included auto loans, credit cards, home equity lines of credit, mortgages, personal loans, retail credit cards and student loans, among other credit products. As of May 31, the number of accounts in such programs totaled 106 million, nearly three times higher than the 35 million accounts observed on April 30. Number of accounts in relief programs continues to growĭata from the CreditVision Acute Relief Suite point to the ever-changing number of consumers in either a forbearance, deferred payment or a natural disaster situation. The CreditVision Acute Relief Suite is available across TransUnion’s traditional platforms as well as Prama DataHub, the only in-market, self-service data extraction analytic tool with archives back to 2000. The score can be coupled with other risk scores to help lenders and insurers protect their customers and portfolios while improving new account underwriting strategies. The suite also includes the CreditVision Acute Relief Risk Score, which uses trended usage and payment data as strong leading indicators of risk. As the pandemic evolves, we will stay close to our customers and consumers, and continue to enhance and evolve our solution.” By bringing better clarity, the suite helps ensure each person is reliably and safely represented in the marketplace, allowing businesses to transact with confidence and help support their customers. “The pandemic is complex, and as each lender-to-consumer arrangement may be different, there is no single, simple indicator of who is affected and who is not. “Tens of millions of consumers have been impacted by COVID-19 and TransUnion’s CreditVision Acute Relief Suite offers additional insight to create a more complete financial picture,” said Curt Miller, executive vice president of credit risk solutions at TransUnion. The attributes allow lenders and insurers to better understand how consumers and their accounts have been affected – broken out by different credit products, the timing of when they were reported in these statuses and the balances of those accounts. The CreditVision Acute Relief Suite features a set of 88 attributes that identify accounts and relationships receiving special accommodations for consumers currently in relief status. CHICAGO, J(GLOBE NEWSWIRE) - As millions of consumers continue to request and receive various payment accommodations, TransUnion (NYSE: TRU) today officially launched its CreditVision® Acute Relief Suite to assist lenders and insurers in supporting consumers while still managing risk within their portfolio.