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Experian® to Reverse New Rule

Evergreen, Colo., January 27, 2015 – Experian® has agreed to reverse their newly instituted rule about removing dispute remarks. The rule stated that a letter from the creditor was required to remove any dispute remarks during the rescore process. Effective immediately, they have agreed to go back to accepting letters from borrowers.

Experian® was open to listening to industry concerns regarding this change and their decision to reverse the policy has made many in the industry very happy.

Experian® originally made the change because they were getting complaints from data furnishers who were unhappy that a dispute remark was removed. Now, Experian will notify data furnishers that they have removed an “account in dispute” comment through the Dispute Resolution Notification process. This will allow Experian® to continue to remove the comments using the previous process of letters from the borrower.

About Experian
We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. We also help people to check their credit report and credit score, and protect against identity theft. In 2014, we were named by Forbes Magazine as one of the ‘World’s Most Innovative Companies’.

We employ approximately 16,000 people in 39 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2014, was US$4.8 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, Inside Experian.
For more information, visit http://www.experianplc.com.
Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.

About Advantage Credit, Inc.
Advantage Credit Inc. is a national leading provider of mortgage and banking solutions, background and tenant screening and business credit solutions with corporate offices in Evergreen, Colorado. Advantage Credit Inc. has a proud 21-year history of providing superior customer service while leveraging the most advanced credit technologies for leading mortgage companies, banks and credit unions nationwide. For consecutive years, Advantage Credit was honored by being named as one of the top fifty mortgage service providers in the country by Mortgage Executive Magazine. For more information on Advantage Credit Inc., please visit www.advcredit.com.