ATLANTA — This week, Equifax rolled out the availability of
a new product, Equifax Dimensions, which can deliver what the company highlighted
is a more in-depth picture of past credit behavior in order to better predict
future credit trends. 

Using this new solution, Equifax explained lenders can see up
to two years of detailed consumer credit activity, allowing them to make more
precise and profitable lending decisions.

Equifax Dimensions can analyze hundreds of detailed payment characteristics
to identify consumer patterns by industry and account type.

Users can access 24 months of consumer balance, payment and
credit utilization data to differentiate behaviors and maximize consumer
insight in their decisions.

Equifax Dimensions has a direct positive impact on lenders'
and service providers' acquisition, origination, account management and
analytics strategies, enabling them to:

—Identify which consumers are most likely to open accounts

—Predict how much and where consumers are likely to spend

—Create an indicator for credit line increases and the
likelihood for staying current on payments following an increase

—Determine ratio of spend against certain factors, like
balance or payment

—Identify propensity of a consumer to accept a balance
transfer

—Predict capacity to incur additional debt while staying
current;

—Determine "breaking point" of spend that will lead to
default

—Evaluate credit risk to better preempt default and/or
bankruptcy

"Equifax Dimensions gives our customers a window to look
further into consumer credit trends so that they can make more informed lending
decisions to therefore increase profitability," said John Cullerton, senior
vice president of product innovation and management at Equifax.

"Equifax is constantly utilizing deeper, more meaningful
analytics so that we can provide innovative solutions designed specifically to
meet our customer's needs," Cullerton continued.

"This new product is an example of one of those solutions —
and a simple way to help our customers increase their bottom line, while still
effectively taking care of the consumer," he went on to say.

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