We have formed an experienced team to provide expert
advice to help mend the damage caused by fraudsters which is a totally
free service. The team will liaise with lenders to help reduce the
time and effort it takes an individual to reclaim his or her identity.
If there is a threat from further fraud, the team can help add additional
preventative security features to a credit report. In the US, victims
of fraud are given specific support through our National Consumer
Assistance Centre.
ScoreRight
This is a credit score illustrator originally designed
to help consumers understand how their credit related actions affected
their credit score. It is now also available to financial institutions
so front line staff, working direct with consumers, can model what
specific actions will do to a credit score, helping them engage more
easily in the credit education process.
Consumer Indebtedness Index (CII) and related
products
The CII and Hunter and Detect are used by lenders to
manage risk and thus ensure responsible lending, preventing people
incurring debt way beyond their means. CII was launched in 2002 to
measure the level of consumer indebtedness by using Experian’s
existing credit bureau data. This system has now been extended with
the introduction of the Indebtedness Block – including a set
of variables that identifies key characteristics of over-indebtedness
and recent credit card behaviours that are strong predictors of the
early stages of the problem.
Preventing inappropriate credit marketing
Experian’s range of credit marketing solutions
has been developed to prevent individuals that are showing signs
of financial stress from receiving additional, and often inappropriate,
credit offers. By identifying and removing individuals from marketing
campaigns organisations are able to prevent proactive offers to
individuals who are having financial difficulties.
Mosaic Origins
This is an innovative new consumer classification
designed to predict the ethnic and cultural origins of individuals
based on their family name. Information on an individual's ethnic
origin, language, culture and community can be used for positive
effect, in the targeting of resources for health, education and
other national and local public services, and for recruitment as
part of the implementation of equal opportunities legislation.
PriceGrabber – environmental data
PriceGrabber is an Experian online price comparison
website which is developing an eco-friendly shopping section to help
customers quickly find products designed to have a minimal impact
on the environment. It features everything from bamboo furniture to
Energy Star-certified appliances—organic food to all-natural
cosmetics.
