News Image

TransUnion Canada Improves Credit Access for Newcomers and Young Canadians with New Credit Risk Score

Provided By GlobeNewswire

Last update: Mar 19, 2025

TORONTO, March 19, 2025 (GLOBE NEWSWIRE) -- TransUnion® (NYSE:TRU) Canada is helping expand credit access for new Canadians and those new to the credit market by providing a broader and more comprehensive view of a person’s payment behaviour and creditworthiness with TruVision® Trended Risk Score. The TruVision Trended Risk Score leverages new algorithms and attributes that provide deeper insights on consumers, utilizing data that captures how consumer credit spending and payment patterns have evolved since the pandemic. For New-to-Credit (NTC)1 consumers, TruVision Trended Risk Score leverages the power of signals early in their credit tenure to better predict future risk, giving lenders the insights they need to more confidently offer credit and grow with new consumers.

Read more at globenewswire.com

TRANSUNION

NYSE:TRU (4/24/2025, 11:29:05 AM)

80.44

+3.18 (+4.12%)



Find more stocks in the Stock Screener

Follow ChartMill for more