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March 19, 2025 06:00 ET | Source: TransUnion

TransUnion Canada Improves Credit Access for Newcomers and Young Canadians with New Credit Risk Score

TransUnion’s new TruVision Trended Risk Score expands lenders’ insights into consumers who may not otherwise be scoreable, helping increase financial inclusion.The solution is Canada’s only credit...
January 31, 2024 08:01 ET | Source: TransUnion

Enrollments for Self-Credit Monitoring Increase as Canadians Seek New Credit and Look to Manage Debt, Reveals New TransUnion Study

Nearly half (42%) of surveyed Canadians monitor their credit report to help obtain new credit and 45% look to better manage debt. Underserved and new-to-credit consumers benefit from greater credit...
January 25, 2023 08:15 ET | Source: TransUnion

New TransUnion Study Finds Canada’s New-to-Credit Consumers Prove to be Similar, if Not Better, Risks Than Established Credit Users

TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- New-to-credit consumers – those early in their credit journeys – in Canada and across the globe generally perform as well or better than borrowers with...