Equifax Inc. and Capital One have partnered to create a service to increase consumers’ credit awareness.
The first joint product, CreditInform, will give Capital One consumers a customized Equifax credit profile including their credit score and personalized score analysis. Consumers, who will be asked to register online at www.mycreditinform.com, will also have access to “Credit Analyzer,” an online analytical tool that will create “what-if” scenarios showing what factors affect credit scores.
Quarterly updates on credit score and file changes, as well as new account openings, will also be available. This will help alert consumers to potential identity theft, the companies said in a statement.