TransUnion

Definition

  • One of the major credit bureau companies in Canada along with Equifax.

Notes
See TransUnion Canada.

Synonyms
credit bureau, credit report

Acronyms
TU

Related Terms and Acronyms

  • Bad Credit Definition,
    • Someone who carries a higher credit risk.
  • Credit Rating (CR) Acronym, Very Important,
    • A judgement of a person's ability to repay debts. The rating is often based on a person's current and projected income and past debt payment history. Also called a credit score.
    A metric to measure the credit worthiness of a debtor.
  • Credit Report (CR) Acronym, Very Important,
    • A report on a loan applicant's willingness and ability to make payments in a timely manner in the past. This report is provided to the bank by an outside agency.
    A report that outlines the credit worthiness of an individual or entity.
  • Equifax (EF) Company Est. 1899, Canada, Important,
    • A major credit bureau company in Canada along with Trans Union.
  • Experian (XP) Company, Canada,
    • One of the Big Three credit bureaus, along with Equifax and Trans Union, Experian not normally used in Canada.
  • Good Credit Definition,
    • Someone who carries little credit risk.
  • Merged Credit Report Definition,
    • A summary of one's credit history from the big two credit bureaus: Equifax and Trans Union.
Compare. Calculate. Apply today.
Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage