STOCK TITAN

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

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

The Big Three U.S. credit reporting agencies, Equifax (NYSE: EFX), TransUnion (NYSE: TRU), and Experian, are extending their offer of free weekly credit reports for consumers until the end of 2022. This initiative aims to assist individuals in navigating financial challenges posed by the ongoing COVID-19 pandemic. The joint statement from the CEOs emphasizes their commitment to helping consumers manage their credit and financial future amidst inflation and market uncertainty. Consumers can access these reports at www.annualcreditreport.com.

Positive
  • Extension of free weekly credit reports until the end of 2022.
  • Joint commitment by leading credit agencies to assist consumers during economic hardship.
Negative
  • None.

Big Three U.S. Credit Reporting Agencies Continue to Offer Free Weekly Credit Reports to Consumers Amidst Pandemic and Economic Uncertainty

ATLANTA & COSTA MESA, Calif. & CHICAGO--(BUSINESS WIRE)-- 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.

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.

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 EQUIFAX:

Kate Walker

mediainquiries@equifax.com

FOR MORE INFORMATION ABOUT EXPERIAN:

Scott Anderson

949-205-9377

scott.n.anderson@experian.com

FOR MORE INFORMATION ABOUT TRANSUNION:

David Blumberg

David.blumberg@transunion.com

312-985-3059

Source: Experian

FAQ

What is the significance of the free weekly credit reports offered by EFX, TRU, and Experian?

The free weekly credit reports help consumers manage their financial health amid economic uncertainty.

How long will the free weekly credit reports be available for EFX, TRU, and Experian customers?

They will be available until the end of 2022.

Where can I access my free weekly credit report from EFX, TRU, and Experian?

You can access your free weekly credit reports at www.annualcreditreport.com.

What companies are involved in offering free credit reports?

The companies are Equifax (EFX), TransUnion (TRU), and Experian.

Equifax, Incorporated

NYSE:EFX

EFX Rankings

EFX Latest News

EFX Stock Data

31.46B
123.31M
0.45%
95.7%
2%
Consulting Services
Services-consumer Credit Reporting, Collection Agencies
Link
United States of America
ATLANTA