Equifax helps consumers navigate through the Snakes & Ladders of credit information
Equifax research reveals UK consumers are managing their finances – but also highlights the importance of understanding credit information to gain new credit
Credit information features in so much of daily life, from signing up to the latest mobile phone contract to applying for a new mortgage. But leading credit information provider, Equifax, believes many consumers still don’t understand how their credit history could affect their credit future.
“Ensuring that your credit report remains accurate and up to date is one step towards helping you get the best deals for your circumstances”, explained Andrew Webb, Sales & Marketing Director at Equifax Personal Solutions. “It’s surprising, therefore, that so many consumers aren’t aware of the amount of credit information available to credit providers and the factors that can impact their ability to secure the deal they’re after.
“With our Credit Score snakes & ladders , we’re giving consumers some helpful insight into the positive and negative factors that might affect their credit score.”
Available to download for free from the Equifax website (https://www.equifax.co.uk/newsroom/credit-score-snakes-and-ladders.html), ‘Credit Score snakes & ladders ’ is designed to help consumers learn more about the factors that might affect their credit score with a helpful plain English glossary designed to demystify credit information.
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Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 600 million consumers and 81 million businesses worldwide. The company’s significant investments in differentiated data, its expertise in advanced analytics to explore and develop new multi-source data solutions, and its leading-edge proprietary technology enable it to create and deliver unparalleled customized insights that enrich both the performance of businesses and the lives of consumers.
Headquartered in Atlanta, Equifax operates or has investments in 19 countries and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. In 2013, Equifax was named a Bloomberg BusinessWeek Top 50 company, was #3 in Fortune's Most Admired list in its category, and was named to InfoWeek 500 as well as the FinTech 100. For more information, please visit www.equifax.com.
Equifax Limited is authorised and regulated by the Financial Conduct Authority.