We’ve announced today that TransUnion has agreed to purchase our parent company Callcredit and this will include Noddle. If you’re a Noddle customer who wants to find out more about this exciting next step in our journey, or are just interested in this news, then you’ve come to the right place – please read on.
TransUnion is a market leader in credit referencing and decisioning in the U.S. and across the globe – its stock market listed, present in 33 international markets and employs more than 5,100 people. The reason for the acquisition is that Callcredit and Noddle are successful and fast growing businesses and TransUnion sees the potential for them to grow a lot more.
The acquisition is still subject to regulatory approval and it’s anticipated that the deal will complete late in the second quarter or early in the third quarter 2018.
If you’d like to review all the details available, you can find out more about the TransUnion announcement on the Callcredit website.
We’ve sent an email to all of our customers today outlining what this potential acquisition means for them. If you’re a customer and haven’t yet read this email then it’s all good news:
- You can continue to access your Noddle credit report and score for free and there will be no disruption to your service.
- All your personal information will remain in the same place and continue to be stored according to UK and EU data regulation and data protection rules. We continue to take the security of your information very seriously and will never use it for anything that we don’t have your permission for.
The acquisition is in the early stages so there is no more information that we can share at this point, but we will do as things progress.
In the meantime, we’ll continue with our aims of empowering our customers with free information to make better financial decisions. We were the first to offer free credit reports and scores to UK customers, and look forward to being able to offer more “firsts” as a result of the exciting opportunities our new ownership will bring.