New Equifax Risk Score Helps Lenders Minimize Bankruptcy Losses

Equifax Inc. logo

ATLANTA, Nov. 4, 2013 (GLOBE NEWSWIRE) -- Equifax (NYSE:EFX) announced today the launch of its fourth generation Bankruptcy Navigator Index (BNI) score, its most comprehensive and predictive bankruptcy risk score ever. With BNI 4.0, lenders can make more confident risk decisions through significantly enhanced insights and predictability into potential consumer bankruptcy.

"This is our most effective consumer bankruptcy risk score yet, providing deeper and more predictive insights driven by wider data and more powerful analytics," said John Cullerton, Senior Vice President of Product Innovation and Management with Equifax. "BNI 4.0 will give lenders the ability to predict and avoid potential consumer bankruptcies with improved performance and more consistent decisioning. The benefits of this new product translate to overall more confident risk decisions for Equifax customers."

By leveraging BNI 4.0 lenders and service providers can:

  • Improve risk prediction by up to 10 percent;
  • Make more consistent decisions with a robust score that leverages our most updated and comprehensive consumer credit attributes—our Advanced Decisioning Attributes;
  • Boost score stability with random samples that were pulled from the Equifax credit database;
  • Protect portfolios against present and future bankruptcy risk;
  • Seamlessly integrate BNI 4.0 throughout the customer lifecycle and with other Equifax risk tools.

Equifax BNI 4.0 risk score is available online for acquisition and onboarding, and offline for account review.

About Equifax, Inc.

Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 500 million consumers and 81 million businesses worldwide, and uses advanced analytics and proprietary technology to create and deliver customized insights that enrich both the performance of businesses and the lives of consumers.

Headquartered in Atlanta, Equifax operates or has investments in 18 countries and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. For more information, please visit

CONTACT: Meredith Griffanti Media Relations (404) 885-8913

Source:Equifax Inc.