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July 4, 2024 35 mins

In the last five years, one hundred million Americans have started to monitor their credit reports with TransUnion for the first time. One hundred million. And the same thing is happening all around the world. But just because everyone is doing it, doesn't mean they're doing it for the same reason: some consumers are in a bind and looking for a way back to good credit; some are planning a major loan and want to optimise their options; some want to make sure everything is untouched and as it should be.



So, in their latest global study of the phenomenon, TransUnion set out to see if each of these goals is being helped by the credit self-monitoring, and I'm chatting to Charlie Wise to find out what they learned.



Charlie is Senior Vice President, Research and Consulting at TransUnion and is on LinkedIn at https://www.linkedin.com/in/charlie-wise-959570/



TransUnion is at https://www.transunion.com/



This particular research is also being discussed here for the US and here for the UK: https://www.transunion.co.uk/lp/consumer-monitoring-motivations



Please seek me out on LinkedIn, too, where I'm open to all genuine new connections - https://www.linkedin.com/in/brendanlegrange - please also follow the show's page while you're there.



Meanwhile, my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is discussed at https://confirmu.com/ and on episode 24 of this show https://www.howtolendmoneytostrangers.show/episodes/episode-24



And finally, I'm also co-creating a new podcast called hAIghtened senses which will look at the intersection between human senses and technology, especially AI-powered technology. You can already start to follow it wherever you're listening to this one - there's only a trailer there at the moment, but we've recorded some of the early episodes and it's going to be a fun ride!



Keep well, Brendan


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