TransUnion Corp.

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Medical Debt Gets a Break in Credit-Report Overhaul

Big 3 agencies agree to revamp system to better address errors, medical bills

(Newser) - Good news for consumers who've had to play the waiting game to pay off medical debt: The three largest credit-reporting agencies in the US are working together to overhaul their systems to take better care of customer issues and the way medical debt is handled, Reuters reports. In a... More »

Study: 1 in 5 Had Error in Their Credit Reports

But few of the errors would change prices consumers pay

(Newser) - One in five consumers had an error in a credit report issued by a major agency, according to a government study released today. The Federal Trade Commission study also said that 5% of the consumers identified errors in their reports that could lead to them paying more for mortgages, auto... More »

Our Credit Card Debt Just Got Worse

Q3 wasn't such a stellar one for plastic-happy Americans

(Newser) - Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making payments on time, an analysis of consumer-credit data shows. The average credit card debt per borrower in the US grew 4.9% in... More »

Credit Card Debt Drops to 8-Year Low

Falls to an average of $4,951

(Newser) - The average American’s credit card debt hit an 8-year low in the second quarter of the year—even as rates hit a 9-year high . The average combined credit card debt fell to $4,951, down 13% from $5,719 over the same stretch last year, according to figures from... More »

Lawsuit Gives Consumers Free Look at Credit Scores

At $10B, may be largest settlement in history

(Newser) - More than 160 million consumers will be treated to a free look at their credit score, thanks to a class-action settlement against TransUnion Corp., the LA Times reports. Everyone who had any kind of loan account between 1987 and yesterday is entitled to 6 months of free credit reporting; at... More »

5 Stories