Equifax, CBC Offer Soft Pull Tool Featured

By Staff Writer April 10, 2019 635

Equifax and Credit Bureau Connection (CBC) are teaming up to offer auto dealers and lenders the ability to provide consumers with access to credit information with no impact to their credit scores.

According to an Equifax survey of automotive consumers, not all consumers have equal knowledge of their credit.

Seventy percent of prime Millennials and 64 percent of subprime Millennials are likely to understand their credit situation. While78 percent of prime Baby Boomers are aware of their credit worthiness that falls to 53 percent of subprime Boomers.

A soft credit inquiry check is a consumer-based offering and does not require a firm offer of credit to be provided.  

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Last modified on Wednesday, 10 April 2019 12:43