Is FactorTrust a credit bureau?
FACTORTRUST INFORMATION
FactorTrust is an alternative credit reporting agency that gathers data on consumer's repayment history and provides consumer credit reports to lenders for the purpose of credit risk assessment.
Who uses FactorTrust?
Collects loan performance information on nonprime consumers for short-term lenders, installment lenders, nonprime auto lenders and other subprime credit providers. FactorTrust is owned by TransUnion.
Is FactorTrust the same as TransUnion?
And now, FactorTrust is a part of TransUnion. “Joining TransUnion is a great match for FactorTrust,” FactorTrust CEO Greg Rable said. “We share a commitment to serving consumers and customers with the highest ethical and compliance standards.
What is a FactorTrust report?
FactorTrust is a consumer reporting agency that provides consumer reports to third parties for the purpose of credit risk assessment and/or other purposes as permitted by law.
What is FactorTrust opt in?
Opt-In: Your name will be eligible for inclusion on lists used for Firm Offers of credit or insurance. Electronic Opt-Out for Five Years: Your name will not be eligible for inclusion on lists used for Firm Offers of credit or insurance for five years.
Is FactorTrust part of TransUnion?
And now, FactorTrust is a part of TransUnion. “Joining TransUnion is a great match for FactorTrust,” FactorTrust CEO Greg Rable said. “We share a commitment to serving consumers and customers with the highest ethical and compliance standards.
How does a credit freeze work?
A security freeze prevents prospective creditors from accessing your credit file. Creditors typically won't offer you credit if they can't access your credit reporting file, so a security freeze, also called a credit freeze, prevents you or others from opening accounts in your name.