In 1968 the Union Tank Car Company, a rail-car leasing corporation, created TransUnion as its parent company.
In 1969 the company acquired the Credit Bureau of Cook County, a credit bureau that maintained 3.6 million credit card files in 400 filing cabinets.
TransUnion is known for creating the first online information storage and retrieval data processing system, which provided credit grantors all over the United States with one source for reliable consumer credit information.
In the 1990’s TransUnion extended operations to business to business offerings.
Today TransUnion is the third-largest credit bureau in the United States, providing service to 45,000 businesses and 500 million consumers worldwide.
TransUnion had $2.656 billion in revenue in 2019.
In October 2021, the company announced that it would sell TransUnion Healthcare to a private entitity for $1.74 billion in an all cash deal.
Also in October 2021, TransUnion announced a $400,000 commitment to advance financial inclusion with Credit Builder’s Alliance.
TransUnion maintains a corporate office in Chicago, Illinois.
In 1968 the Union Tank Car Company, a rail-car leasing corporation, created TransUnion as its parent company.
In 1969 the company acquired the Credit Bureau of Cook County, a credit bureau that maintained 3.6 million credit card files in 400 filing cabinets.
History
TransUnion is known for creating the first online information storage and retrieval data processing system, which provided credit grantors all over the United States with one source for reliable consumer credit information.
In the 1990’s TransUnion extended operations to business to business offerings.
Today TransUnion is the third-largest credit bureau in the United States, providing service to 45,000 businesses and 500 million consumers worldwide.
TransUnion had $2.656 billion in revenue in 2019.
In October 2021, the company announced that it would sell TransUnion Healthcare to a private entitity for $1.74 billion in an all cash deal.
Also in October 2021, TransUnion announced a $400,000 commitment to advance financial inclusion with Credit Builder’s Alliance.
TransUnion maintains a corporate office in Chicago, Illinois.