Equifax Archives

Consider credit ‘soft pulls’ at start of sales process

Consider credit ‘soft pulls’ at start of sales process

JOHN HUETTER – Reporter covering the finance-and-insurance business and auto retailing for Automotive News Performing a soft pull on a customer’s credit at the start of the buying process can improve sales and reduce awkward conversations in the F&I office, according...

October 21, 2021

Automotive Finance Automotive Lending Latest News

Reviving From the Pandemic

Key learnings from Equifax’s Q2 2021 Credit trends and economic insights. Equifax recently posted their Q2 credit trends and their introduction went as follows: “Mortgage volumes are the highest they’ve ever been in a single quarter. Non-mortgage credit demand is...

September 20, 2021

Consumer Credit Digital Retailing

Autotrader’s My Wallet can generate specific financing details during online shopping journey

Well done Jessica Stafford & Autotrader US! When making a large purchase decision like buying a vehicle, Autotrader stressed that consumers need to understand not only how it fits into the overall big picture of their finances but also how it impacts their...

June 7, 2021

Equifax wishes to help fintechs accelerate innovation with InnovationX

Automated Decisioning Latest News Prequalification

Equifax wishes to help fintechs accelerate innovation with InnovationX

According to a news release, InnovationX will be led by Peter Maynard, the newly appointed senior vice president of data and analytics for Equifax United States Information Solutions (USIS). “E-commerce and financial services have converged. Customers expect the same convenience, flexibility...

May 1, 2021

Payment Insights from Equifax leverages more alternative data

Automated Decisioning Consumer Credit Non-Prime Financing Prequalification

Payment Insights from Equifax leverages more alternative data

Equifax recently expanded its offerings connected with alternative data so finance companies still can cater to consumers with thin files or soft credit backgrounds. (Mark Luber) Developed in partnership with Urjanet, Equifax introduced Payment Insights, a cloud-based solution that promotes greater financial...

April 19, 2021