EXPN

Consumers Can Save More Than $900 on Auto Insurance Each Year and Switch Carriers in Minutes With New Experian Service

Retrieved on: 
Wednesday, February 23, 2022

Within minutes, consumers who share their current auto insurance policy with Experian will receive several tailored quotes to discover the auto insurance plan thats right for them.

Key Points: 
  • Within minutes, consumers who share their current auto insurance policy with Experian will receive several tailored quotes to discover the auto insurance plan thats right for them.
  • From there, consumers can easily switch to their new auto insurance carrier all in one place.
  • Our auto insurance comparison tool allows consumers to do in minutes what used to take hours and possibly save hundreds of dollars.
  • Its auto insurance tool scours the market on an ongoing basis to find auto insurance deals amongst Experians comprehensive network of carriers that may help consumers save money.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW SECOND STRAIGHT INCREASE IN COMPOSITE RATE IN JANUARY 2022

Retrieved on: 
Tuesday, February 15, 2022

Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.

Experian North America Named a 2022 BIG Innovation Award Winner

Retrieved on: 
Thursday, February 10, 2022

Experian has been named a 2022 BIG Innovation Award winner in the financial industry in Business Intelligence Groups annual business awards program.

Key Points: 
  • Experian has been named a 2022 BIG Innovation Award winner in the financial industry in Business Intelligence Groups annual business awards program.
  • Experian was recognized for delivering innovative products, such as Experian Boost , that help consumers thrive financially.
  • At Experian, we are continually innovating and leveraging technology to help consumers improve their financial health, said Craig Boundy, Chief Executive Officer of Experian North America.
  • Over the past year, Experian has focused on helping consumers and financial institutions with a wide range of challenges.

Experian’s Industry-first Buy Now, Pay Later Bureau Will Protect Consumer Credit Scores and Provide Real-time Insights to Drive More Inclusive and Responsible Lending

Retrieved on: 
Thursday, January 27, 2022

At the same time, we are committed to giving BNPL providers the confidence they can report information to us without negatively impacting consumer credit scores.

Key Points: 
  • At the same time, we are committed to giving BNPL providers the confidence they can report information to us without negatively impacting consumer credit scores.
  • We are confident we have found a solution with The Buy Now Pay Later Bureau that will help protect consumer credit scores while bringing more transparency to the industry.
  • To protect consumer credit scores from immediate negative impact, detailed information related to each BNPL transaction will be stored separately from Experians core credit bureau data.
  • Justifiable concerns about the negative impact to consumer credit scores has prevented many BNPL providers from reporting information.

Experian Go™ Program Will Allow Millions of Credit Invisibles to Start Building Credit in Minutes

Retrieved on: 
Wednesday, January 26, 2022

To further financial inclusion across the United States, Experian today launched Experian Go, a free, first-of-its-kind program to help credit invisibles, or people with no credit history, begin building credit on their own terms.

Key Points: 
  • To further financial inclusion across the United States, Experian today launched Experian Go, a free, first-of-its-kind program to help credit invisibles, or people with no credit history, begin building credit on their own terms.
  • Experian Go is the only program available today that helps consumers establish their financial identity by creating an Experian credit report.
  • Within minutes, credit invisibles can have an authenticated Experian credit report, tradelines and a credit history by using Experian Boost1, and instant access to financial offers through Experian Go.
  • Experian Go, which began piloting in October 2021, has already helped more than 15,000 credit invisible consumers establish an Experian credit report and become visible to potential lenders.

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports Through End of 2022

Retrieved on: 
Monday, January 24, 2022

ATLANTA and COSTA MESA, Calif. and CHICAGO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- The three nationwide credit reporting agencies Equifax (NYSE: EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) are taking joint action to extend the pandemic response service offering free weekly credit reports to consumers through the end of 2022.

Key Points: 
  • ATLANTA and COSTA MESA, Calif. and CHICAGO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- The three nationwide credit reporting agencies Equifax (NYSE: EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) are taking joint action to extend the pandemic response service offering free weekly credit reports to consumers through the end of 2022.
  • We are committed to helping consumers to strengthen their credit and secure their financial future, said CEOs Mark W. Begor, CEO Equifax; Brian Cassin, CEO Experian; and Chris Cartwright, CEO TransUnion.
  • Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people.
  • Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com .

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports Through End of 2022

Retrieved on: 
Monday, January 24, 2022

The three nationwide credit reporting agencies Equifax (NYSE: EFX), Experian (LON: EXPN) and TransUnion (NYSE: TRU) are taking joint action to extend the pandemic response service offering free weekly credit reports to consumers through the end of 2022.

Key Points: 
  • The three nationwide credit reporting agencies Equifax (NYSE: EFX), Experian (LON: EXPN) and TransUnion (NYSE: TRU) are taking joint action to extend the pandemic response service offering free weekly credit reports to consumers through the end of 2022.
  • We are committed to helping consumers to strengthen their credit and secure their financial future, said CEOs Mark W. Begor, CEO Equifax; Brian Cassin, CEO Experian; and Chris Cartwright, CEO TransUnion.
  • Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people.
  • Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com .

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports Through End of 2022

Retrieved on: 
Monday, January 24, 2022

ATLANTA and COSTA MESA, Calif. and CHICAGO, Jan. 24, 2022 /PRNewswire/ --The three nationwide credit reporting agencies Equifax (NYSE: EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) are taking joint action to extend the pandemic response service offering free weekly credit reports to consumers through the end of 2022.

Key Points: 
  • ATLANTA and COSTA MESA, Calif. and CHICAGO, Jan. 24, 2022 /PRNewswire/ --The three nationwide credit reporting agencies Equifax (NYSE: EFX), Experian (LON:EXPN) and TransUnion (NYSE:TRU) are taking joint action to extend the pandemic response service offering free weekly credit reports to consumers through the end of 2022.
  • "We are committed to helping consumers to strengthen their credit and secure their financial future," said CEOs Mark W. Begor, CEO Equifax; Brian Cassin, CEO Experian; and Chris Cartwright, CEO TransUnion.
  • Consumer credit reports are a factual record of credit activity and payment history used by lenders, creditors, service providers and other businesses to extend financial opportunities and other offers to people.
  • Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com .

Experian’s Annual Future of Fraud Forecast Predicts Five Key Threats for Businesses and Consumers in 2022

Retrieved on: 
Thursday, January 20, 2022

Experian today released its annual Future of Fraud Forecast, which reveals five fraud threats for the new year.

Key Points: 
  • Experian today released its annual Future of Fraud Forecast, which reveals five fraud threats for the new year.
  • View the full release here: https://www.businesswire.com/news/home/20220120005312/en/
    Experian's 2022 Future of Fraud Forecast (Graphic: Business Wire)
    Buy Now, Pay Never The Buy Now, Pay Later (BNPL) space has grown massively recently.
  • Without the right identity verification and fraud mitigation tools in place, fraudsters will take advantage of some BNPL companies and consumers in 2022.
  • Businesses can use Experians suite of fraud prevention and identity verification tools to stay one step ahead of fraudsters.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW HIGHER RATES FOR ALL LOAN TYPES IN DECEMBER 2021

Retrieved on: 
Tuesday, January 18, 2022

Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • This database is populated with individual consumer loan and payment data submitted by lenders to Experian every month.