Consumer credit bureau Equifax is launching a new online support platform called COVID + CREDIT: Financial Resource Center.
Recognizing the widespread economic impact of this global pandemic, Equifax has brought together its existing services and capabilities in a single online destination for people to leverage during this challenging time.
In addition, the company continues to explore other actions it can take to better support consumers and businesses during and after the virus outbreak.
Equifax Financial Resource Center
Through this new online resource center, people can gain access to articles, podcasts, videos and more to help them in the face of an economic downturn, including:
- Best Practices on How to Protect Your Credit
- Which Bills to Prioritize when Money is Tight
- How Deferred or Missed Payments Might Be Reflected on Your Credit Report
- Where to Apply for Unemployment Benefits
Additionally, the site offers answers to some of the most urgent questions people may be asking right now: “What do I do if I lose my job?” or “What if I can’t afford to pay my mortgage?” and “What if I get sick and can’t afford healthcare costs?”
The Financial Resource Center will be updated regularly with new information essential to consumers.
Free Credit Reports and Tips for Protecting Your Credit
Equifax is enabling consumers to stay up-to-date on their credit reports by creating a myEquifax account to get six free Equifax credit reports each year.
Consumers can also sign up for Core Credit, where they not only receive a free Equifax credit report but also a free VantageScore 3.0 credit score based on Equifax data each month.
In addition, they are entitled to a free copy of their credit report every 12 months from each of the three nationwide credit bureaus by visiting www.annualcreditreport.com.
Also, consumers and businesses who are, or may be, impacted by COVID-19 are encouraged to contact their lenders and creditors directly to discuss their options.
Equifax is engaged with many lenders, telecom and utility providers who are offering a variety of options to help people through forbearance and modified payment plans.
Tags: COVID-19 Finances, Credit Rating