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Centrro And TransUnion Sign Memorandum of Understanding

Centrro and TransUnion to discuss integration of TransUnion's credit information products with Centrro's personal financial search engine and open lending marketplace.

 

OAKLAND, OCTOBER 06, 2006 - Centrro Inc. announced the signing of a Memorandum of Understanding with TransUnion, a global leader in credit and information management. The companies will explore opportunities to integrate TransUnion’s credit information products with Centrro’s personal financial search engine and open lending marketplace.

“TransUnion provides credit management tools and educational information to millions of consumers,” said Centrro founder and CEO, Ike Eze. “They are also an invaluable resource to thousands of banks and brokers, providing information services crucial to the lending process. We look forward to exploring integration opportunities with TransUnion.”

One of the first implementations will be the replacement of Centrro’s current consumer credit report provider with TransUnion’s TrueCredit.com. Centrro consumers will now have access to the full suite of TrueCredit.com products. These range from a single bureau credit report and score to a comprehensive 3-Bureau Credit Monitoring service which gives consumers unlimited access to their credit report and score from all three major credit bureaus.

About Centrro Inc.
Centrro is a vertical search engine designed to help consumers find personal financial products that best fit their unique needs. Our transparent marketplace allows consumers to anonymously shop for products that fit their specific credit profile, before ever applying. This means consumers get exactly what they want and lenders get higher approval rates from their applicants. For more information on Centrro, please visit www.centrro.com.

About TransUnion
TransUnion is a leading global information solutions company that customers trust as a business intelligence partner and commerce facilitator. TransUnion offers a broad range of financial services that enable customers to manage risk and capitalize on market opportunities. The company uses advanced technology coupled with extensive analytical capabilities to combat fraud and facilitate credit transactions between businesses and consumers across multiple markets. Founded in 1968, Chicago-based TransUnion employs 4,100 associates that support clients in more than 30 countries. Visit us at www.TransUnion.com/business.

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If you are a member of the media and have additional questions please contact our Public Relations group at pr@centrro.com.