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

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On January 24, 2022, Equifax (NYSE: EFX), Experian (LON:EXPN), and TransUnion (NYSE:TRU) jointly announced an extension of their pandemic response service to provide consumers with free weekly credit reports through the end of 2022. This initiative aims to assist consumers in managing their financial health amid ongoing economic challenges. The CEOs of the agencies emphasized their commitment to supporting consumers in tracking their financial well-being during these uncertain times, with credit reports playing a critical role in financial decision-making.

Positive
  • Extension of free weekly credit reports, aiding consumer financial health.
  • Collaboration among major credit agencies enhances consumer trust.
Negative
  • Economic uncertainty remains a significant challenge for consumers.
  • Potential ongoing reliance on free services may indicate financial strain.

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. This benefit will continue to help consumers across the country manage their financial health during the ongoing hardship and economic uncertainty caused by COVID-19.

The companies' CEOs provided a joint statement on the decision to increase their offerings for the next year. "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. "The combined pressures of job changes, inflation, market uncertainty and health anxiety continue to present consumers with enormous challenges. Our industry's hope is to support consumers as they make decisions - big and small - by making it easier to regularly track their financial health."

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. Credit reports play an important role in financial health for consumers, businesses and the economy.

Consumers can access their free weekly credit reports from each of the three credit reporting agencies at www.annualcreditreport.com. Consumers should review all items appearing in each section of their credit reports. If an error is identified, consumers should contact the credit reporting agency immediately to correct that information.

For more information, visit www.annualcreditreport.com.

ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.

FOR MORE INFORMATION ABOUT EQUIFAX:
Kate Walker
mediainquiries@equifax.com 

ABOUT EXPERIAN
Experian is the world's leading global information services company. During life's big moments — from buying a home or a car to sending a child to college to growing a business by connecting with new customers — we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime.

We have 20,000 people operating across 44 countries, and every day we're investing in new technologies, talented people and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.

Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.

FOR MORE INFORMATION ABOUT EXPERIAN:
Scott Anderson
949-205-9377
scott.n.anderson@experian.com 

ABOUT TRANSUNION
TransUnion is a global information and insights company that makes trust possible in the modern economy. We do this by providing an actionable picture of each person so they can be reliably represented in the marketplace. As a result, businesses and consumers can transact with confidence and achieve great things. We call this Information for Good®.

A leading presence in more than 30 countries across five continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people.

https://www.transunion.com 

FOR MORE INFORMATION ABOUT TRANSUNION:
David Blumberg
David.blumberg@transunion.com 
312-985-3059

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/equifax-experian-and-transunion-extend-free-weekly-credit-reports-through-end-of-2022-301466775.html

SOURCE Equifax Inc.

FAQ

What are the benefits of the free weekly credit reports offered by EFX, EXPGY, and TRU?

The free weekly credit reports help consumers monitor their financial health and identify any errors in their credit history.

Until when can consumers access free weekly credit reports from EFX, EXPGY, and TRU?

Consumers can access these reports until the end of 2022.

Why are EFX, EXPGY, and TRU offering free weekly credit reports?

They aim to assist consumers in managing their financial health during the economic uncertainty caused by COVID-19.

How can consumers obtain their free weekly credit reports from EFX, EXPGY, and TRU?

Consumers can access their reports at www.annualcreditreport.com.

What is the significance of credit reports for consumers?

Credit reports provide essential information for lenders and can affect financial opportunities.

Equifax, Incorporated

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