Legislation and Regulation

An individual's updated credit file makes it possible for businesses to make fast, informed and objective credit decisions. Processes that formerly took days or weeks may now be completed in minutes without question of personal prejudice or subjective judgment.

TransUnion recognizes there is a balance between the ready availability of credit information, which benefits consumers, and improper access that can infringe on consumer expectations of privacy. Consumers appreciate the benefits they derive from the consumer credit reporting system. It is important, however, that those benefits are not outweighed by the potential harm caused if personal information is used improperly.

Read more about the guidelines that help us manage the availability of information in the Central American countries we serve.