Credit Reform Is Coming - Know Where You Stand
17 February 2010 - 7:38AM
PR Newswire (US)
Equifax offers consumers more insight into their credit history; in
advance of Credit CARD Act ATLANTA, Feb. 16 /PRNewswire-FirstCall/
-- Major provisions of the Credit CARD (Credit Card Accountability
Responsibility and Disclosure) Act of 2009 legislation, including
new rules regarding rates, limits and fees, as well as billing and
payments will make it easier for consumers to take control of their
financial health. However, some of the changes like assessing a
borrower's ability to pay will impact how card issuers make offers
of credit and may even make it harder for some consumers to obtain
credit. Now, more than ever, it makes fiscal sense to understand
how lenders may view you. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO ) WHO:
Equifax is offering all consumers the opportunity to get a complete
picture of their credit history--and a sense of how lenders view
them--from all three nationwide credit reporting agencies by
visiting http://myservices.equifax.com/PRP01_3br. WHAT: In advance
of the enactment of the final provisions of the Credit CARD Act,
Equifax is offering its popular 3-in-1 Credit Report with Score
Power® product at a special price of $29.95--that is a 25% discount
off of the regular retail price--for all consumers! 3-in-1 Credit
Report with Score Power® provides consumers: -- Immediate online
access to a user-friendly 3-in-1 Credit Report. -- A detailed
explanation of what their score means, comparison with national
averages, and a graph of how lenders view them. -- Interactive
Score Simulator to illustrate how their actions may change their
score. WHY: Understanding what's in your credit report and knowing
the impact of your FICO® Score on your everyday life is one of the
first steps to take control of your finances. Equifax's suite of
credit, identity protection and debt related products are designed
to help consumers understand their credit, protect their identity,
and maximize their financial well-being. WHEN: Special pricing
available now through February 28. HOW: Visit
http://myservices.equifax.com/PRP01_3br. Special pricing is only
available at this URL. For more information about Equifax, visit
http://www.equifax.com/. Find out more information about the Credit
CARD Act of 2009 at
http://www.federalreserve.gov/consumerinfo/wyntk/creditcardrules.htm.
About Equifax Inc. (http://www.equifax.com)equifax/ empowers
businesses and consumers with information they can trust. A global
leader in information solutions, we leverage one of the largest
sources of consumer and commercial data, along with advanced
analytics and proprietary technology, to create customized insights
that enrich both the performance of businesses and the lives of
consumers. With a strong heritage of innovation and leadership,
Equifax continuously delivers new innovative solutions with the
highest integrity and reliability. Businesses- large and small -
rely on us for consumer and business credit intelligence, portfolio
management, fraud detection, decisioning technology, marketing
tools, and much more. We empower individual consumers to understand
their personal credit information, protect their identity, and
maximize their financial well-being. Headquartered in Atlanta,
Georgia, Equifax Inc. operates in the U.S. and 14 other countries
throughout North America, Latin America, Europe, Russia and India.
Equifax is a member of Standard & Poor's (S&P) 500® Index.
Our common stock is traded on the New York Stock Exchange under the
symbol EFX. http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO
http://photoarchive.ap.org/ DATASOURCE: Equifax Inc. CONTACT:
Demitra Wilson, +1-678-795-7885, Web Site: http://www.equifax.com/
Copyright