Hints and tips:
...Versions of the algorithm are used by credit bureaux such as Equifax, Experian and TransUnion to generate the credit scores they provide to banks and credit card companies....
...Given the commercial opportunity, credit bureaus like Equifax, Experian, and TransUnion — alongside lenders and Fico itself — have been pursuing alternative credit data and analytics for some time....
...CallCredit, one of the major credit reference agencies, which also had a big marketing data file, took a product off the market completely, and was subsequently taken over by TransUnion, a US company....
...TransUnion said VantageScore was used by more than 2,400 lenders and “yields the most consistent results”....
...Alternative models, he said, “will still be based on the same repayment-history data that Experian, Equifax and TransUnion already provide”. The FHFA is seeking comment until February....
...Equifax is one of America’s big three credit-reporting agencies, along with Experian and TransUnion....
...Padmini Vora Executive vice-president and general counsel, TransUnion CibilIndia Ms Vora has introduced a range of processes and technology to streamline legal activities at TransUnion Cibil, the largest...
...Jason Laky, senior vice-president at TransUnion, said the higher car loan delinquency rates were a “natural function” of riskier borrowers having better access to credit....
...TransUnion, another credit-analytics group, has embarked on a project to tap alternative data sources to help people with blemished records get better terms....
...However, the TransUnion deal marks a fresh push into the financial services sector....
...in recent years, Evercore has nabbed some of the more high-profile deals in the period, advising El Paso and Kinder Morgan on the sale of EP Energy, as well as Advent International on its acquisition of TransUnion...
...In 2009 the family took the Hyatt chain public and last year they sold a stake in TransUnion, the credit reporting company....
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