Core Insights - Equifax has launched a new predictive model called Credit Abuse Risk to help lenders combat the rising financial impact of first-party fraud [1] - The model identifies atypical patterns indicative of loan stacking and credit washing, allowing lenders to make informed lending decisions [1] Product Features - Actionable intelligence enables real-time, FCRA-compliant decisions on credit terms, including adverse action reason codes [1] - Comprehensive portfolio protection offers insights across all credit tiers, enhancing risk assessment [1] - Targeted decisioning addresses the lifecycle of fraud without compromising consumer protections [1] - Enhanced insights focus on behavioral indicators to reveal atypical credit activity [1] Strategic Importance - Credit Abuse Risk is part of Equifax's layered fraud defense strategy, complementing existing tools like Synthetic Identity Risk to provide a holistic view of identity legitimacy [1] - The model supports a more confident lending environment, helping to maintain credit availability for consumers [1]