Account Opening & Loan Origination

Related Resources

Product Sheets

White Papers

Case Studies

Links

Increased consumer debt and stricter lending requirements heighten your need for detailed, precise consumer information and consistent practices at account opening. Can you be sure applicants are who they say they are? Are you making fair and balanced lending decisions?

Verification of stated income is just one example of the comprehensive data available through the Equifax 360° consumer view. The Equifax 360° consumer view also offers employment, asset/property, traditional credit reporting and risk scoring, as well as custom modeling/analytics and trending to meet your specific information needs. This more inclusive approach to risk management combines unique consumer data, with automated risk decisioning for more confident credit decisions that reduce fraud, increase customer satisfaction and enhance your bottom line.

How can I verify employment and income at account opening?
Reduce the time and expense of manual verification with instant, automated delivery of employment data, featuring direct reporting from 1,800+ employers.

How can I identity additional opportunities for growth at the point-of-sale?
Evaluate against risk profiles of your best customers, and align additional offers with income and capacity/propensity to pay.

How can I ensure that my lending decisions align with my risk strategies and industry requirements?
Automate lending and account segmentation strategies for alignment with business rules, policies and processes, industry best practices and regulations.

For more information about our Account Opening and Loan Origination services, please call 1-888-202-4025.

*30 of the top 50 banks, as ranked by American Banker, use Equifax for real-time, instant decisioning or end-to-end loan origination.

Why use Equifax

As the needs of our customers have evolved, so have we. Expanding on our role as the trusted steward of credit data, Equifax has grown into the leading provider of technology-and analytics-fueled information solutions.