Industry Credit Groups
Are my customers dealing with me the same as with my competitors?
Monthly Industry Credit Group meetings
are an excellent opportunity for members to meet other credit
professionals in similar businesses and discuss marketplace risk. Each month, Equifax operates 150 different Industry Credit Group meetings,
assisting thousands of customers in the exchange of valuable credit information.
- Informal information exchange allows you to assess risk
- Alert yourself to possible problems
- Gather vital credit information
How it Works
Prior to a group meeting, each group member submits company names
for discussion. These names are compiled and each member is asked for their "trade
experience" on each of the companies. Equifax produces a report which is reviewed at
the next meeting. Those members with particular information on an account
share it at the meeting.
To ensure compliance with the Competition Act, Industry Credit Group meetings are held
under the supervision and guidance of a senior staff member of Equifax.
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