Equifax Credit Communities

Equifax Credit Communities empower businesses to reduce risk by allowing them to share up-to-the-minute intelligence on their customers’ payment history.

Key Features

  • Share trading experiences among your commercial peers.
  • Access Trade Payment Performance Data to make informed credit decisions.

Share trading experiences among your commercial peers.

Equifax Credit Communities enable you to share trading experiences with other businesses that also trade with your customers and suppliers. Online reports and email alerts tell you when a company is accruing a bad payment history so you can react accordingly.

Access Trade Payment Performance Data to make informed credit decisions.

Trade Payment Performance Data reports are gathered from the sales ledgers of our pool of trade suppliers, and compared against industry averages. You can assess the likelihood of an organization paying its invoices on time, and make swift, informed decisions about what credit terms to offer in future.

Equifax Credit Communities give you 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