CONSUMERS
TRW Inc. May Sell Competitors’ Credit Histories to Consumers: The company said it is testing a program to sell not only its own reports on consumer credit histories but also those of its two major rivals. For $29, consumers participating in the test can find out how their credit standings are rated by TRW, Equifax Corp. and Trans Union Corp. Until now, consumers had to call each of the three to obtain copies of their credit records. TRW already offers customers a free credit report every year. Trans Union and Equifax charge about $15 for the service. The new TRW service is being test-marketed on the 700,000 members of the company’s Credentials credit-monitoring program. If the trial is successful, the combined credit reports will be offered to the public starting next year.
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