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TransUnion is not one of the three primary credit bureaus. The Fair Reporting Act limits the sharing of credit information.

What is a credit bureau?

A credit bureau, also known in the U.S. as a credit reporting agency, It is an organization that collects and researches individual credit information and sells it to creditors for a fee, so they can make decisions about extending credit or granting loans.

Credit bureaus partner with all types of lending institutions and credit issuers to help them make loan decisions. Their primary purpose is to ensure that creditors have the information they need to make lending decisions.

Learn more about Credit bureaus here,

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