Collection Recon

TransUnion Corp. to Announce Fourth Quarter and Full Fiscal Year Earnings

Posted on 23. Jan, 2012 by Collections Recon.

CHICAGO, IL, Jan 23, 2012 (MARKETWIRE via COMTEX) — TransUnion Corp., a leading global provider of information management and risk management solutions, will announce its financial results for the fourth quarter ended December 31, 2011 and for the fiscal year 2011, in a news release to be issued on the morning of Tuesday, February 21, 2012. The news release will be available on the Company’s website at http://www.transunion.com .

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Auto lending should support steady sales growth, TransUnion says

Posted on 21. Dec, 2011 by Collections Recon.

Auto financing should support slow and steady growth in sales through 2012, according to the TransUnion credit bureau.

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TransUnion: Consumer Credit Risk Declining for Seventh Straight Quarter

Posted on 28. Nov, 2011 by Collections Recon.

CHICAGO, IL–(Marketwire -11/28/11)- TransUnion’s proprietary Credit Risk Index (CRI) declined for the seventh consecutive quarter as consumers continue to pay off their outstanding debt and maintain relatively lower delinquency levels on most of their credit obligations. Compared to one year ago, the CRI for the U.S. decreased 4.9 percent to 120.62.

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TransUnion: National Credit Card Delinquencies Increase, but Remain Near Record Low Levels

Posted on 17. Nov, 2011 by Collections Recon.

TransUnion: National Credit Card Delinquencies Increase, but Remain Near Record Low Levels

CHICAGO, IL–(Marketwire -11/15/11)- The national credit card delinquency rate (the ratio of borrowers 90 or more days past due) increased in the third quarter for the first time since the fourth quarter of 2009, edging upward to 0.71 percent. Average credit card debt per borrower increased $63 in the quarter to $4,762, though it remains near record-low levels. This information is reported by TransUnion and is part of its ongoing series of quarterly analyses of credit-active U.S. consumers, evaluating how they are managing credit related to mortgages, credit cards and auto loans.

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TransUnion Reports Third Quarter 2011 Results

Posted on 07. Nov, 2011 by Collections Recon.

TransUnion Corp. (“TransUnion” or the “Company”) today announced financial results for the quarter ended September 30, 2011.

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TransUnion asked to stop selling credit reports to employers

Posted on 28. Oct, 2011 by Collections Recon.

If you can’t get hired for a job because of lousy credit, a coalition of advocacy groups is fighting for your right to work.

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TransUnion Expands Offerings With Acquisition of Financial Healthcare Systems

Posted on 19. Oct, 2011 by Collections Recon.

CHICAGO, IL–(Marketwire – Oct 18, 2011) – TransUnion today announced it acquired Financial Healthcare Systems. The Denver-based company provides an Internet-based solution to the healthcare industry that informs patients about their out-of-pocket costs, in real-time, prior to treatment. The acquisition of Financial Healthcare Systems is in line with TransUnion’s strategy to accelerate growth within its existing businesses and diversify into new ones. Financial terms of the deal were not disclosed.

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TransUnion Study Finds One Out of Three Americans Do Not Save for Holiday Shopping Season

Posted on 05. Sep, 2011 by Collections Recon.

For many Americans, this is Back-to-School season, but for nearly all Americans who give gifts during the holidays, this should also be a time to start thinking about saving money now. Unfortunately, according to a new survey commission by TransUnion, nearly one third of Americans go into the holiday shopping season having not saved money for it, which could lead to starting 2012 with a major debt hangover and potentially harming their credit health.

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TransUnion Report Shows Credit Risk Declining for Sixth Straight Quarter; Driven by Fewer Delinquent Consumers and Lower Debt Levels

Posted on 31. Aug, 2011 by Collections Recon.

CHICAGO, IL, Aug 29, 2011 (MARKETWIRE via COMTEX) — TransUnion’s proprietary Credit Risk Index (CRI) declined for the sixth consecutive quarter as consumers continue to pay off their outstanding debt and maintain low delinquency levels on their credit obligations. Compared to one year ago, the 2Q2011 CRI for the U.S. decreased 1.9 percent to 121.22. The Credit Risk Index is benchmarked to 1998 consumer credit risk levels and measures changes in consumer credit risk within various market segments.

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Protecting Your Assets: TransUnion.ca Helps Consumers Protect Their Good Name Amidst Growing Concern of Identity Theft

Posted on 25. Aug, 2011 by Collections Recon.

New TransUnion.ca Study Finds More Than One in Three Canadians More Concerned of Identity Theft If you’ve ever been concerned about identity theft, you should know that you’re not alone. According to the Canadian Anti-Fraud Centre, more than 18,000 Canadians were affected by identity fraud in 2010 — an increase of nearly 22% from 2009′s [...]

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