ATLANTA – Credit bureau Equifax yesterday said it has agreed to acquire card services and credit information on tens of millions of consumer accounts from CSC, a Falls Church, Va., partner of Equifax, for $1 billion in cash.

The assets include credit files in 15 Midwestern and central U.S. states representing 20% of the U.S. population. It is the largest independent U.S. consumer credit reporting agency and has been an affiliate of Equifax for more than 20 years.


 

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.