Gain a Clearer View for Smarter Lending Decisions
As lending demands grow and competition heats up, lenders face increasing pressure to make faster decisions while effectively managing risk. A lack of complete visibility into an applicant's financial picture — especially for those with limited credit history — can be particularly challenging.
You can more confidently assess an applicant's financial health with The Work Number® from Equifax. It provides reliable, up-to-date income and employment data directly from thousands of employers and payroll providers to credentialed lenders with permissible purpose. These insights go beyond traditional credit scores and help fill in the gaps for applicants with thin credit files or no credit history.
With verifications from The Work Number, you can more quickly and efficiently identify qualified borrowers. Our data can help you more confidently increase conversion rates and grow your portfolio while you mitigate risk.
Convert More Loans Faster with Less Risk
Verifying employment and income can help you better evaluate applicants with little or no traditional credit data.
Have a More Complete Applicant Picture
Knowing an applicant has a job and income gives lenders more confidence when assessing that person’s ability to pay.
Have a More Complete Applicant Picture
Trusted by Thousands of Verifiers
As the country’s industry leading, commercial source of consolidated income and employment information, The Work Number has helped create a more streamlined process between verifiers and consumers. The result? We help verifiers make more informed decisions in less time.
When instantly verified by The Work Number, subprime applicants are 34% more likely to be funded*
51% of successfully closed consumer loans with instant verification by The Work Number*
40% increase in closed auto loans with The Work Number**
Your Income and Employment Data Partners
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Discover Differentiated Data with Equifax
Take advantage of deeper portfolio insights when you access our reliable, differentiated data assets. Manage risk and explore new opportunities while creating a better experience for consumers.
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