title loan requirements
What’s Equifax/Equifax Credit Recommendations Qualities Personal Restricted (ECIS)?
We're checking getting offers .
Equifax Borrowing from the bank Advice Characteristics Personal Restricted (ECIS), a credit bureau/consumer credit organization (CIC) licensed because of the Set aside Financial out of India (Certification out of Subscription, beneath the Borrowing Guidance Businesses Control Work 2005, is received from inside the ) 's the Indian case regarding Equifax Provided, a consumer credit reporting service, depending in the 1899 in the us with its surgery currently pass on all over 15 regions. ECIS is actually a m&a ranging from Equifax Inc and you may 7 Indian financial institutions namely, Bank regarding Baroda, County Bank off India, Kotak Mahindra Finest Ltd, Bank off Asia, Sundaram Finance Limited, Commitment Bank from Asia and you may Religare Finvest Restricted. Which have doing 1300 entered users, Equifax happens to be headquartered inside Mumbai with branch practices based in Delhi and you will Bengaluru.
What does Equifax do?
Equifax collates information provided with their joined participants for sales towards the an effective usable structure to make Borrowing Recommendations Account (CIR) and you may credit scores for the users under the Borrowing Suggestions Illinois state title loan Companies Control Work 2005. All the info provided by entered users can be used to select the credit actions out-of people and you will and so, let lenders measure the creditworthiness and you may cost capability out of consumers.Equifax spends exclusive gadgets being personalised so you can cater to specific criteria to greatly help lenders create informed borrowing from the bank behavior. (more…)