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Equifax Financial Stability

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Latest News

  • EQUIFAX URGES MORTGAGE LENDERS TO STAY VIGILANT FOR FIRST PARTY FRAUD

    London, January 2013 – As the Bank of England reports a significant increase in lending on property, leading credit information and analytics expert, Equifax, is urging mortgage providers to stay vigilant to the risk of first party fraud.

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  • LENDERS MUST BE PREPARED FOR REGULATORS TO TAKE MORE ACTION IN 2013

    London, December 2012 – Leading credit information and analytics expert, Equifax, has responded to the news that the Financial Services Authority (FSA) has issued a fine of £1.2 million to a mortgage provider for failing to treat customers fairly. Laurence Hamilton, Marketing & Performance Director, Equifax believes this latest action signals an increase in scrutiny by the regulator, which is only likely to get stronger in 2013 and beyond

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  • EQUIFAX SUPPORTS PAYDAY LENDERS IN NEW BEST PRACTICE MEASURES

    London, November 2012 - Equifax, the leading consumer credit data and analytics expert, is supporting payday lenders as the industry’s Charter comes into force on 26th November 2012. The Good Practice Charter aims to give more protection to consumers considering a payday loan and Equifax welcomes the focus on treating customers fairly. The company is encouraging payday lenders to share their own data on customers’ payment behaviour and offering access to the latest affordability intelligence to help them comply with the new rules.

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