Tag Archives: Equifax

Atlanta-based Equifax announced the launch of a new tool designed to enhance underwriting and help lenders make predictive decisions based on consumer behavior.

Credit Plus announced Friday that the company is now a certified reseller of Equifax Verification Services (EVS). EVS offers online employment verification from Equifax's The Work Number database.

Equifax announced the availability of Equifax Dimensions, a new product created to deliver more in-depth picture of past credit behavior to predict future trends.

Equifax has enhanced its retro income verification service, Point in Time, and integrated it into the company's Spectrum Verification Services Platform, the company announced.

Equifax approved of DocMagic's eSign for electronic 4506-T requests. This means Equifax clients can use DocMagic's eSign for electronic signatures when submitting orders.

Nearly 20 percent of credit reports reviewed by consumers and experts, according to a congressionally mandated study by the Federal Trade Commission (FTC). The study, based on the findings of 1,001 participants reviewing 2,968 credit reports issued from Transunion, Experian, and Equifax, showed that approximately 25 percent of consumers identified errors material enough to affect their credit scores. About 5 percent found errors large enough to trigger higher payments for mortgages or other financial products.

Subprime credit scores are declining across the country with strong declines in a few rebounding markets, according to Atlanta-based Equifax, a leading credit reporting agency. Designating credit scores below 620 as "subprime," Equifax found the number of subprime borrowers decreased 2.1 percent from the third quarter of 2011 to the third quarter of 2012. The 2.1 percent translates to about 1 million Americans who rose from the subprime category.

Consumer Financial Protection Bureau (CFPB) released a report revealing only one in five people actually obtain a copy of their credit report each year.

StreetLinks Lender Solutions LLC has both a new division and a new product to show off.

Out in Atlanta, Equifax Inc. announced that its subsidiary, Equifax Information Services LLC, has entered into an agreement to purchase certain credit services business assets and operations of CSC Credit Services, Inc., a subsidiary of Computer Sciences Corporation.