Business
Equifax Launches Credit Abuse Risk Model to Help Protect Lenders Against the Rising Financial Impact of First-Party Fraud
Equifax® (NYSE: EFX) today announced the launch of Credit Abuse Risk, a new predictive model that uses FCRA-regulated data and is designed to help protect lenders against first-party fraud and drive more confident lending decisions.
About this update from Equifax, Inc.
[{"type":"text","content":"New Behavioral Insights Detect Potential Credit Washing or Loan Stacking Activities to Drive More Confident Lending Decisions ","length":125,"tagName":"p","attribs":{}},{"type":"text","content":"ATLANTA, Jan. 30, 2026 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced the launch of Credit Abuse Risk, a new predictive model that uses FCRA-regulated data and is designed to help protect lenders against first-party fraud and drive more confident lending decisions.","length":271,"tagName":"p"},{"type":"image","alt":"EFX logo","displaySize":"","headline":null,"caption":"EFX logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":75,"url":"https://media.zenfs.com/en/prnewswire.com/bb4651d6cacbdff7475ec36c4b336df8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/uO8xf6Skqvs3.ER819oUfQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzMjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/bb4651d6cacbdff7475ec36c4b336df8","width":400,"height":75}},"href":"https://mma.prnewswire.com/media/448516/Equifax_jpg_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"As the financial impact of first-party fraud continues to rise, Credit Abuse Risk was developed to uncover atypical patterns indicative of two types of fraudulent activities: loan stacking, when an individual quickly applies for multiple loans with no intent to repay those loans, and credit washing, when a person tries to remove accurate, but negative information from a credit report. These patterns can be identified during prequalification offers, account origination, or portfolio review. This allows lenders to modify loan terms based on FCRA-compliant insights.","length":569,"tagName":"p"},{"type":"text","content":""By focusing on application behavior in real-time, Credit Abuse Risk quickly helps to reduce the potential for fraud and related costs," said Felipe Castillo, Chief Product Officer for U.S. Information Solutions at Equifax. "This supports a more confident lending environment, and helps keep credit available for consumers."","length":344,"tagName":"p"},{"type":"text","content":"Credit Abuse Risk features include:","length":35,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Enhanced insights: The model focuses on behavioral indicators that provide a clear view of atypical credit...