Guidebook for Prospective
Data Furnishers
U.S. Consumer Data Operations
Introduction
At Equifax, we continually gather updated consumer credit data from
thousands of sources and have one of the most comprehensive credit
databases in the industry. This data is then transformed into knowledge-
based solutions our customers use to help give them the leading edge in
every transaction.
To keep the consumer credit database of information current and to uphold
the quality of the files, Equifax relies on credit grantors to fully report their
customer data on a monthly basis. Furnishers who report data to Equifax
play a vital role in helping identify credit risk and reduce financial losses
throughout the entire credit granting community. Additionally, by reporting
data, Equifax customers help strengthen the individual credit files of their
borrowers. By having comprehensive and up-to-date information, Equifax
can also accelerate the lending process for end-users.
Furnishers who report data to Equifax play
a vital role in helping identify credit risk
and reduce financial losses throughout the
entire credit granting community.
Last Updated: April 2016
