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Credit cards have made people’s lives easier and more convenient than before.  A lot of day-to-day transaction-based activities are even difficult or impossible if you don’t have a credit card. But despite their usefulness and handiness, credit cards also get a bad rap. This is why you have to brush up on your financial literacy […]

With 2023 just around the corner, the last thing you want is to be engulfed in financial misinformation yet again. Unfortunately, incorrect financial information has become more rampant than ever, affecting the credit score of millions of people across the globe. Free yourself from all these misconceptions and learn the truth about credit myths and

Your credit score can affect and influence almost everything and anything you do these days. From taking out a mortgage loan to signing up for car insurance, and sometimes, even when applying for a job, you will be required to undergo a credit check. How about during wireless phone service applications? Do companies like TMobile

Health is wealth but medical debt can leave a serious dent in your finances. Unfortunately, medical debt has been one of the major causes of bankruptcies. This is why it is important to learn how to avoid paying medical debt and manage your existing one. Staying away from medical bills is your first and most

TransUnion (NYSE: TRU) announced today that it has been named as a Leader in The Forrester Wave™ Identity Verification Solutions, Q4 2022. TransUnion is one of only three companies to receive that designation in this report. TransUnion also received the highest possible score in the category of Market Presence, as well as the highest scores

After two years of aggressive loan growth, particularly for credit cards and personal loans, and serious delinquency rates that generally remained near pre-pandemic levels, the consumer credit market will experience more pronounced changes in 2023. TransUnion’s (NYSE: TRU) 2023 Consumer Credit Forecast projects delinquency rates for credit card and personal loans to rise to levels

Two-thirds of delinquent child support payments remain in arrears 12 months after being reported delinquent, according to a new TransUnion (NYSE: TRU) public sector analysis. What’s more, 95% of accounts delinquent for 12 months will remain that way for at least three years. The findings underscore the difficulty of recouping missed child support payments and

TransUnion (NYSE: TRU) has signed a definitive agreement to sell G2 Web Services, Inc. (“G2”), Lundquist Consulting, Inc. (“LCI”) and Fintellix India Private Limited (“Fintellix”), to an affiliate of Stellex Capital Management LLC (“Stellex”), a global, multi sector investment firm with offices in New York, Detroit, Pittsburgh and London with over $2.6 billion in assets

More than one in three (37%) collections firms are now using text/SMS messaging — a modest increase from last year when 31% were utilizing this communications channel with consumers. A different story emerges when broken out by large firms (100k or more accounts) and small firms (fewer than 100k accounts).  While more than half (56%)

TransUnion (NYSE: TRU) released new findings today around global e-commerce fraud that occurred during the start of the 2022 holiday shopping season. The analysis found that the average number of suspected digital fraud attempts on any given day between Thanksgiving and Cyber Monday (Thursday, Nov. 24, and Monday, Nov. 28) was 82% higher globally than