Equifax Helps Bring Greater Confidence to Lending With New Cashflow Insights Solution
Equifax® (NYSE: EFX) understands that nearly every type of consumer – whether prime, subprime, credit thin or credit invisible – has felt the financial impact of COVID-19. The company today announced a new Cashflow Insights solution designed to give lenders and service providers the additional confidence they need to responsibly open up credit opportunities at a time when people need it most. The consumer-permissioned data offering empowers individuals to directly share their online bank account information, including balances, deposits and withdrawals from more than 7,700 participating U.S. financial institutions, to help create a more robust personal financial profile when applying for loans and other services.
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