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Feb 04, 2008

Equifax releases enhanced online credit report and loan modification solutionMortgagePress.comEquifax Credit Report, consumer education, credit history, HOPE NOW alliance Equifax Inc. announced that it has enhanced the online versions of the Equifax Credit Report. The improved format provides consumers with a clear and concise method to understanding the contents of their credit report. The front page of the report will now provide a detailed summary of a consumer's credit history, including accounts, debt-to-credit ratios, account age and potential negative credit histories. Each section also contains a brief explanation for consumers to help them better understand the information. Equifax also launched a solution to help lenders navigate new guidelines for homeowner assistance created by the HOPE NOW alliance. The solution leverages income and employment, creditworthiness, and equity position data to help lenders streamline the evaluation process to determine which borrowers qualify for assistance. Atlanta-based Equifax Inc. is a consumer credit reporting agency. For more information, call (800) 685-5000 or visit www.equifax.com.
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Feb 04, 2008
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