ATLANTA, July 16, 2020 /PRNewswire/
-- Equifax® (NYSE: EFX) today announced the launch of two
products that offer consumers competitively-priced options
for monitoring their Equifax credit reports and
helping protect against identity theft. Equifax Credit
Monitor™ and Equifax Complete™ include monitoring features, Equifax
credit report lock capabilities, and identity theft protection
features. Equifax is currently the only bureau offering these
unique sets of bundled features at these value price points.
Equifax Credit Monitor is available now at $4.95 per month, and provides consumers the
ability to lock and unlock their Equifax credit file. In addition,
this new product offers daily access to Equifax credit report
and VantageScore credit score 3.0 based on Equifax data, as well as
Equifax credit report monitoring with alerts.
Equifax Complete is designed for consumers looking for a
product that offers a greater mix of credit monitoring and identity
theft protection features, and is available at $9.95 per month. Both products are available to
consumers through myEquifax, an online portal that allows easy and
convenient access to consumer services with Equifax under a single
sign on experience.
"We developed these solutions to give consumers easy, affordable
and accessible tools for monitoring their credit, regardless of
where they are on their respective financial journeys," said
Beverly Anderson, President of
Global Consumer Solutions at Equifax. "While it is imperative to be
credit vigilant, we understand that consumers also need to watch
their expenses."
According to Security.org, nearly one in four Americans
has been the victim of identity theft and the
COVID-19 crisis has increased that risk. From
January 1 to July 6, the FTC received
more than 62,000 COVID-19 related fraud reports with consumers
claiming a total loss of more than $78.25 million. In a recent Consumer Credit
Confidence survey conducted by Equifax, 68-percent of those
surveyed said they were concerned about how COVID-19 would impact
them financially in the next six months.
"We know people want and need solutions during normal and
uncertain times," Anderson added. "Creating new ways for people to
save money and protect what they have, is one of the best ways
Equifax can help people live their financial best."
About Equifax
Equifax is a global data, analytics, and
technology company and believes knowledge drives progress. The
Company blends unique data, analytics, and technology with a
passion for serving customers globally, to create insights that
power decisions to move people forward. Headquartered in Atlanta,
Equifax operates or has investments in 24 countries in North
America, Central and South America, Europe, and the Asia
Pacific region. It is a member of Standard & Poor's (S&P)
500® Index, and its common stock is traded on the New York Stock
Exchange (NYSE) under the symbol EFX. Equifax employs approximately
11,000 employees worldwide. For more information,
visit Equifax.com and follow the company's news
on Twitter and LinkedIn.
FOR MORE INFORMATION
Zehra Mehdi-Barlas
470-373-2376
MediaInquiries@equifax.com
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SOURCE Equifax Inc.