by 
The Curious Bag
-
Equifax is a global leader in information solutions. The company, which was incorporated in 1913, is a member of the Standard & Poor (S&P) 500 Index.
Function
Equifax collects consumer and commercial data to provide its customers with expert business insight.
Significance
Equifax is one of the three leading credit reporting companies, along with Experian and TransUnion. A positive credit report from Equifax can greatly influence a person's ability to make a major purchase, secure a bank loan or even find employment.
Uses
Consumers use an Equifax credit report to check their current credit score, ensure their credit history is accurate and to guard against identity theft. Insurers and lenders use Equifax to learn information about an applicant's financial history.
Location
Equifax is headquartered in Atlanta, Georgia.
Fact
According to the company website, Equifax employs about 7,000 people in 15 countries.
History
Founded in 1899, Equifax was originally known as the Retail Credit Co.
Source:
Copyright 2023, Wired Ivy, LLC