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Evening Standard
Evening Standard
National
Holly Williams

TransUnion to roll out major credit rating overhaul next month

Transunion
TransUnion is overhauling its consumer credit rating from next month to include account trends data and how credit cards are used (Alamy/PA) -

TransUnion is overhauling its consumer credit rating system next month to include account trends data and how credit cards are used.

The credit reference agency said it will start rolling out a new expanded scoring system from zero to 999, up from 710 currently, rating borrowers from “very low”- replacing the current “very poor” – up to “excellent”.

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