Equifax Credit Information Services Private Limited is a credit information bureau which offers a broad range of solutions relevant to credit information, risk management and business analytics to its clients across India.
Equifax India offers two types of credit information reports as listed below:
- Basic Credit Information Report
- Enhanced Credit Information Report
Enhanced Credit Information Report
Enhanced Credit Information Report is a visually detailed format of the basic credit report. You get at-a-glance graphs, charts for credit utilization, credit mix and delinquency trends.
Features of Enhanced Credit Information Report
The Enhanced Credit Information Report has 5 sections that are similar to the Basic Credit Information Report. They are as follows:
- Identification and contact section:
The following information is presented in a graphical illustration to the client:
- Confirm application information
- Consumer’s name
- Consumer’s date of birth and age
- Consumer’s address
- Consumer’s identification information
- Credit summary:
Graphical illustration of a customer’s key credit characteristics is provided in this section
- Recent activity:
In this section, a client can access information on the recent activity of a consumer - latest credit that he has acquired - in a graphical format. If a consumer has opened a new account and if there have been any delinquencies, etc., the information is mentioned in this section.
- Account details:
A customer’s account-wise details are graphically illustrated in this section. A client gets account-wise details of a consumer’s repayment history.
- Inquiries section:
This section gives the client a quick snapshot of the details of the inquiries made on a consumer