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TRW Long Associated With Consumer Credit Reports, Sells Its Information Services Business. The New Company will be named Experian
TRW Inc. today announced an agreement with a privately held corporation capitalized by Bain Capital, Inc., and Thomas H. Lee Company relating to the spinoff of TRW's information services business (IS&S) in a transaction valued at over $1 billion. The sale, which will be structured as a recapitalization, is expected to be completed in the second half of the year.
If you have errors on your credit report, you should start by writing the credit bureau that is reporting the information you would like to dispute. It is important to note that there are three major credit bureaus that collect information on you - Equifax, Trans Union, and Experian (formerly TRW) - but they do not cross verify their information.
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