By using affordability, trended and alternative data you can understand consumers on a deeper level. and make better-informed decisions that protect your customers and portfolio. Turbulent economic times, as well as regulatory expectations such as those outlined by the FCA, call for robust affordability checks and fair treatment of vulnerable individuals. Safely acquiring new customers and strengthening existing relationships has never been more important.

Discover how TransUnion’s solutions can enhance your affordability, financial inclusion and creditworthiness strategies, helping to create better outcomes for consumers, make more informed decisions, and support your regulatory compliance.

TrueVision

Get a clearer picture of your consumers’ longer-term credit risks

Better identify pockets of right-fit customers, as well as those with improving financial statuses or increasingly at risk of financial stress, enabling you to make smarter lending decisions whilst reducing risk, enhancing your customer relationships and increasing revenue.

Rather than the traditional snapshot in time, TrueVision transforms 30 months of past raw credit bureau data into meaningful, actionable trended data attributes to deliver a more robust picture of consumers’ longer-term credit risks.

Delve deeper into TrueVision

Affordability Report

Gain a clearer, more detailed picture of a customer’s income and affordability to help prevent unaffordable lending.

TransUnion's market-leading Affordability Report can help businesses manage portfolio risk, and optimise performance and budgets, through automation and quicker, more informed decisions to support new lending. This approach can work towards strengthening new and existing customer relationships, and building trust.

With increased regulatory attention, indebtedness levels remaining high, and consumers suffering an unprecedented squeeze on disposable income, a robust, automated Income & Expenditure assessment is a crucial aspect of credit risk management and helps to spot consumers who are susceptible to future financial vulnerability.

Find out more

Alternative data with Open Banking

Enhance and complement your credit journeys with Open Banking

Open Banking is increasingly playing a key role in helping lenders to obtain accurate information on the financial situation of existing and potential consumers, providing real-time insights into their transactions, financial resilience, creditworthiness and ability to afford repayments. Open Banking can complement a standard credit journey and enhance your onboarding strategy by providing an alternative source of creditworthiness and affordability data when required. Capabilities include:

Income verification
Affordability assessments
Affordability monitoring
Collections processes – identifying vulnerable customers and supporting those in arrears
Categorisation and transaction enrichment

Discover Open Banking

Start your journey to making more informed and insight-led decisions by filling in the form below.

Featured Content

TransUnion are focused on developing data solutions and strategies that helps businesses better support vulnerable consumers.

Gain a Deeper Understanding of Consumer Vulnerability

Discover how TransUnion is shaping the conversation around consumer vulnerability, and unlock key insights from a deep dive into our datasets.

DOWNLOAD GUIDE

Getting affordability right

Find out how TransUnion, a pioneer in affordability, can help your business improve customer insights and strengthen affordability decisioning with Trended Affordability and Open Banking.

READ BLOG

Unlocking Customer Strategies and Achieving Sustainable Growth e-Book from TransUnion and Bud

Open Banking Ebook

TransUnion's guide 'How Open Banking Helps Give Lenders The Confidence To Say Yes More Often' explores how emerging use cases can help businesses serve consumers better.

DOWNLOAD EBOOK

If you’re a consumer with questions or issues related to your personal credit report, drivers history report, disputes, fraud, identity theft, credit report freeze or credit monitoring services, please visit our Customer Enquiries page for assistance.

Contact Us

Email Address *

First Name *

Last Name *

Company *

Business Phone *

Job Title *

Region

Industry *

How can we help you? *

Business Type *

TransUnion would like to send you original insight, commentary and research on data, software and analytics, early notifications of exclusive events and information about our products and services. If you would like to receive that information, please let us know using the following options:

Yes please, I’d like to hear about the above by email

Yes please, I’d like to hear about the above by phone

Business enquiries: If you have a non-sales related query please call us on (+44) 0113 388 4300

Please read our privacy notice , which explains who we are, how we collect and use your personal information and how you can exercise your privacy rights.

We're sorry, your request failed. Please try again in a little while.

©2024 TransUnion Information Group Limited. All rights reserved. Registered in England and Wales with company number 04968328. Registered office: One Park Lane, Leeds, West Yorkshire, LS3 1EP. TransUnion International UK Limited, part of the TransUnion Information Group, is authorised and regulated by the Financial Conduct Authority under registration number 737740. Authorisation can be checked on the Financial Services Register at www.fca.org.uk. TransUnion International UK Limited is a credit broker and not a lender. TransUnion Information Group Limited and its subsidiaries utilise the TransUnion name under licence from TransUnion LLC.