Organizations
Equifax: Definition
One of the three major national credit bureaus.
Definition
Equifax is one of the three major national consumer reporting agencies in the United States. Data furnishers submit Metro 2 files to Equifax to report consumer credit information. Equifax maintains credit files on approximately 200 million consumers.
Usage Notes
- Accepts Metro 2 format data submissions
- Provides credit reports and scores
- Has specific submission requirements and schedules
Related Terms
More Organizations
CFPB (Consumer Financial Protection Bureau)
The federal agency regulating consumer financial products.
CDIA (Consumer Data Industry Association)
The trade association representing consumer reporting agencies.
CRA (Consumer Reporting Agency)
An organization that collects and sells consumer credit information.
Experian
One of the three major national credit bureaus.
TransUnion
One of the three major national credit bureaus.
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