Instant access to consumer credit risk assessment for business users has been launched by Equifax, the global information solutions provider.

Equifax Explorer provides the information across all areas of a lender's business, not just the credit applications department. It also reduces the risk of identity fraud.

The information is available through full password authority, with access to an extensive range of consumer information services from standard PCs equipped with web browsers.

Revinder Shergill, Equifax's consumer information services product strategy and marketing director, said it enabled companies to “reduce the threats of bad debt and fraud with improved accuracy, while eliminating time-consuming manual checks”.