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The Work Number, from Equifax, on display at AFSA and NADA 2019ATLANTA, Jan. 23, 2019 /PRNewswire/ -- Identity, employment and income verifications are an integral part of the overall transaction process with dealers and lenders, as well as loss mitigation. Equifax Inc. (NYSE: EFX), a global information solutions company, will display at the NADA Show & Expo in San Francisco its Equifax Verification Services leveraging The Work Number® database of employment records furnished by employers – the largest database of its kind. Employment and income verification are the most commonly requested types of verification at the dealership. The information provided through Equifax comes directly from employers and includes: employer name and address, headquarter location, job title (when available), employment status, most recent hire date, stated income and length of time with the employer. This can help speed up the process, avoid surprises and ensure all parties are working with verified information. Auto dealers and lenders can also leverage The Work Number database to authenticate identities using The Work Number® ID. Key Features:
"Process efficiency, reducing time at the dealership and lowering the risk of losses through inaccurate verifications are all top-of-mind concerns for decision-makers at dealerships and lenders," said Jennifer Reid, vice president, Automotive Strategy and Marketing, Equifax Automotive Services. "In today's world of connected data sources, incorporating critical verified information into the process can help to improve the customer experience, enhance the dealer and lender relationship, as well as help get dealers funded faster." The Work Number ID helps businesses make prompt, more informed decisions during account opening process (credit application) and may greatly reduce the cost of manual reviews. For more information, please visit Equifax AFSA booth #201 and NADA booth #6447W. About Equifax FOR MORE INFORMATION Wyatt Jefferies View original content to download multimedia:http://www.prnewswire.com/news-releases/the-work-number-from-equifax-on-display-at-afsa-and-nada-2019-300782448.html SOURCE Equifax Inc. |