Equifax is one of the big three, large credit bureaus in the United States that serves customers on a national level. The company opened in 1899 and has been serving customers for over one century. Equifax’s 4,400 employees work in 13 countries and help to generate the $1.3 billion in revenue that is made by the company each year. Equifax is known for its integrity, as well as its customer service, and goes to great lengths to ensure that their business practices keep individual’s information private and that trust between customer and company is kept at its highest possible level.

History

Atlanta, Georgia is where it all began for Equifax during 1899. By the 1930s, Equifax had become Equifax Incorporated and in 1971, Equifax became listed on the New York Stock Exchange under the symbol EFX. Since then Equifax has grown into a billion dollar company and become listed on the S&P 500. Equifax’s success has been attributed to its diligent employees and excellent leadership.

Service

Equifax provides services to many companies from various industries such as retail, healthcare, telecommunications, brokerage, and insurance. Equifax has a website that is dedicated to serving stockholder, current customers, and prospective clients. The site is home to an educational center that helps the average person to become more familiar with the world of credit bureaus and other financial aspects of the world. There is also information provided to stockholders concerning projected earning, recent news, and other relevant information that would be of interest.

Helping Lenders

Equifax has served the purpose of helping lenders in making decisions since its inception and continues to do so with great effectiveness. Equifax is considered to be among the top three credit bureaus in America and uses the FICO model to determine individuals’ credit ratings. Equifax not only caters to large scale banks and lenders, but makes efforts to help the smaller and more localized lenders around the world. Much of this is done through offering automated services to virtually every client in an attempt to expedite the ability of lenders to make accurate lending decisions both quickly and efficiently.