ATLANTA, Sept. 13, 2021 /PRNewswire/ -- Today,
Equifax (NYSE: EFX) is introducing a free, translated
credit report in Spanish to serve the more than 62 million
Spanish-speaking consumers in the U.S. Equifax is the first and
only credit bureau to provide a Spanish translated credit report
online and by mail.
Equifax is the first and only credit bureau to provide a Spanish
translated credit report online and by mail.
The introduction of a translated Spanish credit report aligns
directly with the ongoing Equifax commitment to advance financial
inclusion and help all consumers access and better understand their
credit profiles.
"By providing access to credit reports in their preferred
language, we can help millions of Spanish-speakers in the U.S.
better understand their credit profiles and enhance their financial
well-being," said Beverly Anderson,
President Global Consumer Solutions at Equifax.
According to the 2020 U.S. Census, the Hispanic or Latino
population grew by 23% since 2010, and it's the second-largest
racial or ethnic group. The U.S. has the second largest population
of Spanish speakers in the world, after Mexico.
"We recognize there is a clear demand for broader availability
of information in Spanish, and we created this Spanish-language
report to meet the growing demands. We want to expand access to and
understanding of credit, especially to vulnerable and historically
underserved communities, so that they are empowered to move forward
in all aspects of their financial journey," added Anderson.
A healthy credit profile is vital to ensuring continued upward
mobility, especially for life's pivotal moments: ability to rent an
apartment, purchase a home or car, obtain a loan, and even being
hired for certain jobs.
"An individual's credit report is an integral part of their
overall financial health, and this is another way we can help
support the growth and financial well-being for this growing
population," said Anderson.
Equifax is also committed to working with members of
Congress to broaden access to credit and increase financial
inclusion.
Congressman Al Green, Chair of
the Subcommittee on Oversight and Investigations, stated, "It is
important for people to have access to as many financial tools as
possible so they can make financially sound decisions. Without such
accessibility, people are more likely to forgo some opportunities
and ownership of certain goods. I am pleased to know the
availability of resources across the country for Spanish-speakers
is growing and hope it continues to do so."
And Congressional Hispanic Caucus Chair Raul Ruiz, M.D., said, "From renting an
apartment to obtaining a loan, a healthy credit profile is
important to the upward mobility of families across the country.
Spanish-speaking families must have the resources they need to not
only maintain a healthy credit profile, but also to fully
understand how good credit can help them achieve their financial
goals."
Congresswoman Nanette Diaz Barragán, who serves as Vice Chair of
the Congressional Hispanic Caucus, added, "It is critical that
consumers understand their credit profiles because they impact
so many aspects of their everyday lives. I am very encouraged to
see that Equifax will now provide free Spanish language credit
reports. Spanish-speaking constituents in my district, and
throughout the country, will benefit from this new service and will
be able to make more informed financial decisions."
Consumers can request a free, Spanish version of their credit
report via www.equifax.com/micredito or by contacting customer
service (888-Equifax, option 8 for Spanish), and if desired, they
can request it every seven calendar days. Consumers will continue
to have access to Equifax call center agents that can support
multiple languages through our bilingual agents or by engaging a
third party language service.
Equifax is on a quest to be the most consumer-friendly CRA, and
this is a big step forward as we enhance and improve the overall
consumer experience at every touchpoint, while also fulfilling our
purpose to help people live their financial best.
ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As
a global data, analytics, and technology company, we play an
essential role in the global economy by helping financial
institutions, companies, employers, and government agencies make
critical decisions with greater confidence. Our unique blend of
differentiated data, analytics, and cloud technology drives
insights to power decisions to move people forward. Headquartered
in Atlanta and supported by more
than 12,000 employees worldwide, Equifax operates or has
investments in 24 countries in North
America, Central and South
America, Europe, and the
Asia Pacific region. For more
information, visit Equifax.com
FOR MORE INFORMATION
Angeles
Quinones for Equifax
mediainquiries@equifax.com
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SOURCE Equifax Inc.