CHICAGO (AP) _ TransUnion (TRU) on Thursday reported fourth-quarter profit of $102.1 million.
The Chicago-based company said it had net income of 53 cents per share. Earnings, adjusted for one-time gains and costs, came to 66 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
Before you tackle lofty financial resolutions like paying off debt this year, do yourself a quick favor and freeze your credit reports. It's free, doesn't affect your credit score and helps protect your financial future.
Credit reports summarize your payment history with creditors and are automatically generated by the three major credit bureaus: Equifax, Experian and TransUnion. Freezing them prevents fraudsters from opening a new line of credit using your personal information.
Millennials would rather swipe right than swipe plastic. They love to pay their brunch tabs with cash. Debt scares them so much they don't care about credit card rewards.
The generation born 1981-1996 is accused of many things, but their dislike of credit cards is blown out of proportion. A Google search for "why millennials don't like credit cards" returns nearly 5 million results. But is it fair to say they don't like something they couldn't get?
CHICAGO (AP) _ TransUnion (TRU) on Tuesday reported third-quarter profit of $46.3 million.
The Chicago-based company said it had net income of 24 cents per share. Earnings, adjusted for one-time gains and costs, were 65 cents per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
CHICAGO (AP) _ TransUnion (TRU) on Tuesday reported second-quarter earnings of $55 million.
The Chicago-based company said it had net income of 29 cents per share. Earnings, adjusted for one-time gains and costs, came to 62 cents per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.
HARTFORD, Conn. (AP) — Attorney General George Jepsen is urging Connecticut legislators to pass legislation to make credit freezes free of charge.
The Democrat says a large number of residents have been victims of massive data breaches and are "hit again by unfair fees they should not be forced to shoulder" when they try to take steps to protect their credit from fraud.
In a story Jan. 28 about credit scores and real estate, The Associated Press reported erroneously that Experian suffered a data breach, it was Equifax.
A corrected version of the story is below:
TransUnion exec talks credit scores and real estate
TransUnion exec says shape up your credit now for spring house-hunting season
NEW YORK (AP) — Equifax knows a lot about you. That is, in essence, how it makes money.
The company and its competitors have in their files the personal financial information of tens of millions of Americans like you, going back decades. Your mortgage loan totals. When you switched from a Macy's card to a Target card. How much you still owe for college.
ALBANY, N.Y. (AP) — New York Attorney General Eric Schneiderman is pressing two credit monitoring companies to explain what cybersecurity they have in place to protect sensitive consumer information following a recent breach at Equifax that exposed the data of 143 million Americans.
In letters to executives at TransUnion and Experian, the Democratic attorney general asked them to describe their existing security systems, as well as what changes they've made since the Equifax cyberattack.
BOSTON (AP) — Democratic senators from Massachusetts, Connecticut and Rhode Island are pushing bills after credit reporting company Equifax announced 143 million Americans had their information exposed— including Social Security numbers, birthdates and address histories.
NEW YORK (AP) — Equifax faces new lawsuits and is trying to make new gestures to customers in the wake of its disclosure last week that it exposed vital data like Social Security numbers of about 143 million Americans.
It's already come under fire from members of Congress, state attorneys general, and customers.
NEW YORK (AP) — Equifax has been scrambling to explain itself since disclosing last week that it exposed vital data about 143 million Americans — effectively most of the U.S. adult population. It's come under fire from members of Congress, state attorneys general, and people who are getting conflicting answers about whether their information was stolen.
NEW YORK (AP) — Technology and energy companies skidded Friday while banks and insurers recovered some of their recent losses, leaving major U.S. indexes little changed on the day and moderately lower for the week.
Credit monitoring company Equifax plunged after it disclosed a data breach that affects 143 million Americans. Competitors TransUnion and Experian also fell, while data security companies like Symantec jumped as investors expected they will get more business.
NEW YORK (AP) — Investors bailed out on Equifax Friday after the credit monitoring company said a data breach exposed the Social Security numbers and other personal data of 143 million Americans.
Equifax shares fell nearly 14 percent to $123.23 in heavy trading. The decline equates to about $2.35 billion in lost market value.
The company is one of three major U.S. credit bureaus, the declines extended to its competitors. TransUnion fell 4 percent and Experian stock declined 1 percent in London.
Too many Americans have bad credit because of unpaid medical bills. That's not likely to change any time soon, despite two reforms in how those bills will be reported to the credit bureaus.
Starting Sept. 15:
—There will be a 180-day waiting period before unpaid medical debts can show up on people's credit reports.
—Medical collections will be deleted from credit reports if they're paid by health insurers.
Starting July 1, the credit scores of up to 14 million people could begin to rise as credit reports are scrubbed of nearly all civil judgments and many tax liens.
Consumer advocates hail the data's deletion as a long-overdue victory for people whose scores were unfairly dinged by inaccurate information. Others worry the changes could inflate the scores of risky borrowers and have a catastrophic impact on lenders.
People shouldn't expect an immediate jump in their scores, however.
When her car trouble began, Beverly Dobratz, 70, assumed that years of responsible credit usage would qualify her for a new car loan with a low interest rate.
Then the salesman checked her credit and learned that she hadn't made any purchases with it in 10 years; she preferred to pay with cash or her debit card. That had hurt her credit scores, preventing her from getting a deal that worked for her.
NEW YORK (AP) — The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers.
Most notably for those with high scores: Abiding by the golden rule of "don't close your credit card accounts" may now hurt your standing. On the other side, those with low scores may benefit from the removal of civil judgments, medical debts and tax liens as factors.
WASHINGTON (AP) — Federal regulators have ordered credit-reporting agencies TransUnion and Equifax to pay about $23 million for falsely advertising that the credit scores they sell consumers are the same ones lenders use to make credit decisions.
JACKSON, Miss. (AP) — Mississippi residents will receive three years of free access to their own credit reports under an agreement three credit reporting agencies have made with the state's top legal officer.
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