Credit Communities
When making business lending and account opening decisions it is important to see as much relevant information about your customer as possible. However, recent changes in account filing regulations and the expansion in the number of non-limited businesses and sole traders, means there is less accounting information readily available.
To help counter this Equifax has developed a flexible, dynamic and timely data sharing tool that will aid customers overcome any data gaps by sharing relevant information quickly and efficiently.
For members of our credit communities, we offer the facility to update and share both negative and positive information on customer accounts including:
- Payment terms
- Bounced cheque presented
- Stopped cheque
- County Court Judgment
- Bankruptcy
- Legal action being taken
- Collection agent appointed
- Winding-up order submitted
- Account on stop
- Payment to term
- Opened account
- Increased credit
This vital information will help members of our credit communities to make better informed lending decisions and obtain an in depth understanding of the payment histories and profiles of customers within their particular industry.
For more information about our Business Information Services or to become an Equifax customer, call us today on 0845 603 3000 or email at commercialuk@equifax.com.
