No change in overall consumer credit demand decline. Trend continues with decline in credit cards and personal loan growth remains steady. Mortgage demand continues to decline.
- Overall consumer credit applications fell -4.1% (vs December qtr 2017)
- Credit card applications have declined significantly at -12.2% (vs December qtr 2017)
- Personal loan applications rose slightly, up by +2.5% (vs December qtr 2017)
- Mortgage applications fell for the seventh consecutive quarter, down -15.6% (vs December qtr 2017)
Consumer Credit Demand Index by Equifax, December Quarter 2018
A Quick Guide to PEP and Sanctions Screening
How to screen for sanctions and Politically Exposed Persons (PEPs): 6 strategies that could help you protect your business.
A head start on financial literacy
Equifax has partnered with Junior Achievement Australia to empower our youth to understand how credit can be used to their advantage.
Active employee participation
To engage employees in the Equifax commitment to giving back to the community, we provide a Volunteer’s Day of leave each year.
Consumers better off with CCR, but young Aussies are still struggling to get ahead (Business)
New opportunities emerge for lenders as consumers benefit from comprehensive credit reporting, reveals the 2018 Equifax Australian Credit Scorecard
Sydney, Australia: 3 December 2018 – Australian consumers are beginning to see the benefits of the new Comprehensive Credit Reporting (CCR) system reflected in their Equifax credit scores1, according to new data from Equifax.
Consumers better off with CCR, but young Aussies are still struggling to get ahead (Consumer)
18-24 year olds struggle to understand money management, reveals the 2018 Equifax Australian Credit Scorecard
Sydney, Australia: Monday, 3 December 2018 – Australian consumers have a balanced outlook with respect to their financial situation, despite almost half (47%) admitting they know more about pop culture, politics or their partner’s finances than their own credit history1.
What is included in Identity Guard Insurance?
For the full details of what is included in our Identity Guard Insurance please review the Identity Guard Insurance Policy Information Booklet. A summary of items covered is included below:
These are the areas of cover we provide to certain members in the event their identity is stolen, with cover up to $15,000^:
What is the difference between an Equifax ID Basic annual subscription and Equifax ID Basic monthly subscription?
Equifax no longer offers annual subscription plans to new customers.
Terms, conditions, exclusions and limitations apply. See the Identity Guard Insurance Policy Information Booklet for details.
What is the difference between an Equifax Premium annual subscription and Equifax Premium monthly subscription?
Equifax no longer offers annual subscription plans to new customers.
Terms, conditions, exclusions and limitations apply. See the Identity Guard Insurance Policy Information Booklet for details.
Do you offer annual subscription products?
Equifax no longer offers annual subscription plans to new customers. We now offer new monthly subscription plans – Equifax Identity Protect, Equifax Credit Protect, and Equifax Credit and Identity Protect.
Existing customers with Equifax Basic, Equifax ID Basic, Equifax Plus, Equifax Premium and Equifax Ultimate can still access their subscription by logging into the secure portal.