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...Judging by current unemployment figures and mortgage delinquency rates the economy is getting worse as each month passes. According to TransUnion, a leading consumer credit reporting agency, mortgage loan delinquency, traditionally seen as a precursor to foreclosures, increased for the eighth quarter in a row. This statistic is up approximately 53% from the same period last year. Likely contributing to that rise, unemployment rose in February from 7.6 to 8.1%. And a new Reuters poll of economists forecasts that unemployment will top 10% as early as next year...

Author: /time Magazine | Title: Why the People Who Broke the Financial System Will Profit | 3/25/2009 | See Source »

...TransUnion, in Chicago, has successfully outsourced legal work for four years, according to general counsel John W. Blenke. "Every law firm is really an outsourcer. One lawyer usually can't do it all," he says. Indian attorneys are currently reviewing more than a million litigation e-mails for the company, which costs less than $10 per hr., he says. He would pay $60 to $85 per hr. to a U.S.-based legal-staffing company for the job. Blenke says he's cautious, however, about the work he outsources. "You can only do it with a few things...

Author: /time Magazine | Title: Call My Lawyer ... in India | 4/3/2008 | See Source »

CHECK YOUR CREDIT Credit-alert services provide false comfort, says Foley. They often miss telltale activity you could spot if you looked at your report. You are entitled to one free report a year from Experian, Equifax and TransUnion. Get them one at a time, every four months. And you may just avoid any late-night calls from the bank...

Author: /time Magazine | Title: Money: 'Tis the Season for ID Theft | 12/17/2006 | See Source »

...family owned the chain—has made a name for herself, distinct from her family’s.This Hyatt heiress founded and runs the luxury retirement community series Hyatt Classic Residence, serves as president and CEO of Pritzker Realty Group, chairs the board of the credit reporting company TransUnion, and sits on the Harvard Board of Overseers. Forbes magazine ranked Pritzker number 89 on its 2005 list of 100 most powerful women.But what Pritzker prizes most are not these responsibilities, but her philanthropic efforts and relationship with her family, according to college friend Carl J. Martignetti...

Author: By Madeline W. Lissner, CRIMSON STAFF WRITER | Title: Penny Pritzker | 6/5/2006 | See Source »

...logical way is to limit the activities of the three credit-reporting bureaus--Experian, Equifax and TransUnion. It's impossible to open a new credit account--honestly or fraudulently--without contacting one of them to determine whether the customer is credit worthy. The bureaus are happy to offer your personal credit report to a lender; that's how they make money. They also sell address lists to firms that send those mailbox-clogging offers of preapproved loans and credit cards...

Author: /time Magazine | Title: Money: Don't Lose Credit! | 3/12/2006 | See Source »

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