20% of Consumers Slash Their Debts by Keeping a Watchful Eye on Credit Scores

TransUnion’s Fresh Take on Credit Monitoring

Why This Matters

TransUnion’s latest Consumer Credit Monitoring Report shows that approximately one in five UK consumers have turned regular credit checks into a superpower for paying down debt and keeping their credit clean.

Who’s Actually Checking Their Credit?

TransUnion sliced the pile and found three clear groups:

Credit Improvers (33%) – These folks regularly peek at their score to give it a little boost.
Credit Managers (25%) – They focus on juggling debt and keeping an eye out for fraud.
Credit Seekers (20%) – This group is future‑looking, ready to open new accounts soon.

Young‑Blood Advantage

Gen Z and Millennials are the most enthusiastic about monitoring their reports. Even the older crowd’s getting smarter about the link between financial education and better borrowing opportunities.

Inside The Conversation

James Robinson, UK Managing Director of Consumer Interactive at TransUnion, says:

“Our report highlights how credit monitoring fuels positive credit profiles, easier access to credit, and the freedom to chip away at debt. By giving people a clearer snapshot of their finances, we’re paving the way for inclusion, empowerment, and instant fraud detection.”

What’s In It For Lenders?

When a lender offers free credit monitoring, almost a third of customers (29%) would pick that lender for new products. A win-win that improves relationships and customer experience.

Takeaway: Credit Monitoring = Freedom

TransUnion’s Information for Good initiative lets everyone get free access to credit data, education, and tools. The result? A sharper, more confident financial life for millions.