Lenders, employers, car dealers, landlords – they all know your FICO® score, and so should you. FICO® is the same score that lenders use most to qualify you for credit, and it often determines the credit you receive - both the amount and the interest rate.
Benefits include:
- Instant online access to your FICO® credit score and Equifax Credit Report™
- An explanation of what your score means, comparison with national averages, and a graph of how lenders view you
- Interactive Score Simulator to show you how your actions may change your score
- Specific tips for understanding your score
- Includes a confirmation number needed to use Equifax's free online dispute feature and fix errors quickly and simply
- Access to our friendly and knowledgeable Customer Care 7 days a week
- Equifax Score Power - Click here
About Equifax:
Equifax, Inc. is primarily a consumer credit
reporting agency, considered one of the "big 3"
along with Experian and TransUnion. It has a
huge computer system that amalgamates financial
and public record data from credit card
companies and other sources into a summary of
how quickly the consumer repay their debts. This
information can then be reduced to a
comprehensive three digit credit risk rating or
"score". Reports are provided on private persons
residing in the United States, Argentina,
Brazil, Canada, Chile, El Salvador, Peru, Spain,
United Kingdom, and Uruguay. Reports can be
obtained on consumers in other countries through
a series of relationships. 80% of Equifax's
revenue is derived from its USA operation.
Equifax has also expanded into Commercial credit
reports in direct competition with Dun &
Bradstreet and Experian in the USA, Canada and
the UK. Through affiliations they can obtain a
credit report on any business in the world. The
company used to offer Digital Certification
service. This business was acquired by GeoTrust
in September 2001.
Currently based in Atlanta, Georgia, Equifax was
founded in 1899 as Retail Credit Company.
In 2001, Equifax spun-off their payment services
division, forming the short lived public company
Certegy.
In 2006, Equifax had $1.3 billion in annual
revenue and 4,400 employees in 12 countries.
Like most computerized credit reporting
agencies, Experian, Trans Union, and The Dun &
Bradstreet Corporation, they now market their
credit reports directly to consumers and
businesses, in addition to their core business
of providing the reports to potential creditors.
Equifax subcontracts out most of its consumer
relations. Telephone disputes or requests are
diverted to ICT, a Canadian company/vendor. Mail
disputes or requests sent to its Georgia post
office boxes are opened by another vendor,
Innasource, scanned to a computer file and then
electronically sent to a subcontract vendor
either in Montego Bay, Jamaica, or in the
Philippines. Equifax also outsources its
software development offshore to India through
Infosys, Tata Consultancy Services and CGI-AMS.
In the UK, Equifax also operates a consumer debt
collection agency under its Westcott Credit
Services brand (also Debt Enforcement Agency).
Westcott carry out collection for UK utilities
and cable companies, and acted on behalf of NTL
following the collapse of Internet service
provider Gio Internet.
More
Information on the Equifax Score Power
Product.