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Stock impact report

ClearScore Launches Pre-Approved Credit Cards and Loans in Canada, Giving Borrowers More Certainty and Less Stress [Yahoo! Finance]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Yahoo! Finance
The new offering shows users which loans or credit cards they've been pre-approved for before they apply, helping them avoid unnecessary declines and uncertainty. According to a TransUnion study , 87 per cent of Canadians believe access to credit is crucial for achieving their financial goals, but over half (52%) feel they don't have sufficient access to these products. For many Canadians, the credit application process can feel overwhelming due to detailed forms, lengthy approval timelines, and the possibility of a declined application, as each application leaves a mark on credit reports. Through direct integrations with lenders, ClearScore's marketplace features pre-approved credit offers, giving users certainty with guaranteed rates, credit limits and loan amounts, without harming credit scores. As long as the individual passes standard fraud and affordability checks, and the details they provided match, they'll receive the loan or credit card. "When you're applying for credit, Show less Read more
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