Category Archives: Consumer Credit Reporting

Consumer Credit Information: The Shape of Things to Come – What Does Mobil Phone Usage Say about Credit-worthiness?

Does the number of text messages you send, or the time of day you make your first phone call, say something important about how credit-worthy you are?  Cignifi believes it does. Cignifi is revolutionizing the way financial service companies meet … Continue reading

Posted in Brazil, Cignifi, Consumer Credit Information, Consumer Credit Reporting, Mobile Services, United Kingdom | Tagged , , | Leave a comment

Consumer Education: Credit Reports ≠ Credit Scores

Consumer education should be an important function for lenders, credit grantors and credit reporting companies says the credit scoring firm FICO in its recent Bankinganalyticsblog.  It is too important to be left to the press and other sources as the following … Continue reading

Posted in Consumer Credit Information, Consumer Credit Reporting, Credit Reporting, Credit Scoring & Decision System, Credit Scoring & Decision System, FICO (Fair Isaac), Financial Literacy Training, United States | Tagged , | Leave a comment

India: Micro-finance Institutions (MFIs) Agree on Common Code of Conduct

Indian Micro-finance institutions under the auspices of Sa-Dhan (Association of Community Development), finance institutions and MFIN (Micro-finance Institutions Network) have released a code of conduct which would enable them to put up a joint front to promote and protect the … Continue reading

Posted in Consumer Credit Reporting, Credit Reporting, India, Information Services for Microfinance, Regulatory Framework, Regulatory News, Users of Information | Tagged | Leave a comment

Score Differences Across Credit Bureaus Reflect True Data Differences

“Why are credit scores different for the same consumer across the different CRAs?”  FICO gets that question apparently a lot, and tries to provide some answers in its recent banking analytics blog. To be most valuable to a lender, a … Continue reading

Posted in Consumer Credit Information, Consumer Credit Reporting, Credit Scoring & Decision System, Credit Scoring & Decision System, FICO (Fair Isaac), United Kingdom, United States | Tagged , , | Leave a comment

General Principles for Credit Reporting (Consultative Report)

In 2009 the World Bank, with support from the Bank for International Settlements assembled a Task Force to work on credit information standards Task Force members came from Central banks (including PBC) financ.ial and privacy regulators, multilateral organizations involved in … Continue reading

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Teach Your Children the Importance of Good Credit

FICO has some good tips for parents and young people who are going to College in the USA, however these tips may apply in other countries as well! The combination of skyrocketing college expenses and access to credit has made … Continue reading

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CRIF / EFMA European Survey Examines Strategies on Responsible Lending

CRIF and EFMA conducted a survey which examines the strategies put in place over the last year by lenders in 16 European countries in reaction to the economic crisis, to counteract over indebtedness among retail customers, and pursue an approach … Continue reading

Posted in CRIF, Consumer Credit Information, Consumer Credit Reporting, Credit Scoring & Decision System, European Union, Italy, Member, Member News, Regulatory News | Tagged , | Leave a comment

Equifax Adds Lost Wallet Assistance to Its Credit Monitoring and Identity Protection Product

Equifax (NYSE: EFX), a leading provider of credit information and identity protection solutions announced the addition of lost wallet assistance to its consumer credit monitoring and identity protection product Equifax Complete Premier Plan™.   The new feature provides consumers with around-the-clock … Continue reading

Posted in Consumer Credit Information, Consumer Credit Reporting, Equifax, Identity Theft Protection, Member, Member News, United States, Users of Information | Tagged , | Leave a comment

Australian Risk Climate: Consumers struggle to manage debt burden

 One in three Australians will struggle to meet credit commitments in the September quarter Almost one third of Australians will struggle to meet their credit commitments in the September quarter, and 37 percent intend to use their credit card to … Continue reading

Posted in Australia, Consumer Credit Information, Consumer Credit Reporting, D&B, D&B Australia, Member, Member News | Tagged , | Leave a comment