Equifax announced the launch of Credit Abuse Risk, a new predictive model designed to help lenders identify and mitigate first-party fraud risks such as loan stacking and credit washing. Using FCRA-regulated data and behavioral insights, the model enables lenders to detect atypical credit activity in real time across prequalification, origination, and portfolio review stages, supporting more confident and compliant lending decisions while helping reduce fraud-related losses.

Source: PR Newswire