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Peer2Peer Finance News | August 22, 2017

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Jake Ranson

Equifax adds income analysis to credit criteria

June 7, 2017 |

EQUIFAX, the global credit agency, has added income analysis into its affordability indicators.

The US-headquartered firm, which provides data to a number of peer-to-peer lenders including Flender and Nava, will now incorporate borrower current account turnover information into its analysis.

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Half of consumers spend just 20 minutes applying for finance online

February 13, 2017 |

FINANCE providers risk losing customers if they fail to invest in their online offering, Equifax has warned.

A survey by the credit reference agency found that half of consumers do not want to spend more than 20 minutes applying for financial products … Read More