Our Credit Risk Solutions
To make the right decision for your customers you need accurate insight and that’s what Equifax does best. We capture 32 billion interactions and 55 million pieces of identity data each year to create one of the largest and most robust sources of consumer and commercial credit data in the UK. Add multiple layers of insight from banking transaction data and you can build a complete view of your customers and be confident you’re making the right credit decision every time.
What Sets Us Apart
¹The Digital Future of Finance and Credit Risk, the 2021 Open Banking Research report, Equifax.
Make the Right Credit Risk Decision at Every Stage of the Lending Lifecycle
Our unique data and insight helps credit risk professionals better assess and manage risk across the entire credit lifecycle.
Origination:
Expand access to credit with confidence
- Streamline decisions while mitigating fraud
- Automate decisioning and enhance customer experiences
Prospecting:
- Find new customers to grow your portfolio
- Focus your resources in the right places to maximise ROI
- Layer on alternative data to increase approval rates
Account Management:
- Stay ahead of emerging risk
- Retain your best customers, prevent delinquency, and manage collections
- Cross-sell and upsell with the right offers and terms
Make the Right Decision for Every Customer
Consumer Data
Our vast consumer data sets combined with the predictive power of our scores and tools, offer credit providers unrivalled clarity of their customers creditworthiness. Make transparent and responsible lending decisions as well as increasing acceptance rates and reducing bad debt provision.
Open Banking
Get accurate, up to date transaction data and make smarter, personalised credit decisions for your customers. Whether it’s faster onboarding, document sourcing or improved income verification and affordability assessments, Open Banking can help create better outcomes for your customers via a smooth and more inclusive customer experience.
Commercial Data
Our commercial credit data is a powerful combination of traditional business data, Director consumer credit data and real time bank transaction data. Offering a comprehensive view of the company, it’s directors and the combined financials you’ll have unprecedented insight of your clients throughout their lifecycle with your business.
What Can We Help You Do?
Take the Next Step
Speak to our team and discover how our credit risk and affordability solutions can help you.
Explore our Solutions
Dig into the detail of our solutions by browsing product sheets, case studies, white papers and more.