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Stock impact report

Consumer Group Sees a Rise in People Checking Credit Scores [The New York Times]

Equifax, Inc. (EFX) 
Last equifax, inc. earnings: 4/20 05:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.equifax.com
Image Credit Minh Uong/The New York Times By Ann Carrns June 22, 2018 More people are checking their credit scores and more are knowledgeable about how the scores work, new research from a consumer group finds. In a survey about credit scores published this week, 57 percent of adults said they had “obtained or received” their credit scores in the past year, up from about half four years ago. The eighth annual survey was commissioned by the Consumer Federation of America, a nonprofit advocacy group, and VantageScore Solutions, a credit score model created to compete with FICO, the dominant score provider. Credit scores are three-digit numbers that lenders use to judge the creditworthiness of borrowers. A score summarizes information in your credit report, which is a compilation of information about your loans and credit card accounts. Generally, the higher your score, the better interest rate you’ll get when opening a credit card account or taking out a m Show less Read more
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