We are looking into starting to report our credit cards to TransUnion and a couple of questions have come up.

1) We currently use a TransUnion product for CIP purposes on new accounts but do not pull an actual credit report. Would an address discrepancy on such a report trigger the need to provide a confirmed address since we would be reporting to TransUnion for the credit cards?

2) If a customer has recently moved and the CRA is still showing the address as the confirmed previous address what is our responsibilty, would this trigger the address discrepancy rules?

bump

1) Not knowing what product you are talking about or without reading your contract with TransUnion, how could we opine?

2) If you receive a report of a substantial address discrepancy from the CRA, then you are required to report the confirmed address of the consumer that you received back to the CRA if you normally report credit history on the account to the CRA.