Credit Communities

Fact Sheet

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.

Why use Equifax

As the needs of our customers have evolved, so have we. Expanding on our role as the trusted steward of credit data, Equifax has grown into the leading provider of technology-and analytics-fueled information solutions.

Next Steps:

Become an Equifax Customer
Call us at 0845 603 3000
Email:
commercialuk@equifax.com

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