London (PRWEB UK) 23 February 2014
With more than six-and-a-half thousand homes across Britain believed to have been affected by the floods of the last two months, it is likely that some home owners will be concerned about finances as they wait for insurance pay outs. Taking advantage of a mortgage ‘holiday’ offered by a lender may provide vital ‘breathing space’ and leading online credit information provider, Equifax, is highlighting that this shouldn’t affect a homeowner’s credit report.
“A mortgage ‘holiday’ may be just what vulnerable and distracted flood victims need at this time and it’s good to see lenders coming forward to offer such services”, explained Neil Munroe, External Affairs Director, Equifax. “Any homeowners who make use of this facility should be reassured that lenders will not report it as missing payments.”
Equifax is also urging homeowners securing a mortgage ‘holiday’ with their lender to get a copy of their credit report the following month. This will enable them to check that their credit report has not been affected.
The Equifax Credit Report is accessible for 30 days free simply by logging onto http://www.equifax.co.uk. If customers do not cancel before the end of the 30 Day Free Trial, the service will continue at £9.95 per month, giving them unlimited online access to their credit information and weekly alerts on any changes to their credit file. It also includes an online dispute facility to help them correct any errors on their credit file simply and quickly.
Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 600 million consumers and 81 million businesses worldwide. The company’s significant investments in differentiated data, its expertise in advanced analytics to explore and develop new multi-source data solutions, and its leading-edge proprietary technology enable it to create and deliver unparalleled customized insights that enrich both the performance of businesses and the lives of consumers.