Tag Archives: Verification of employment

29Jan/26

Equifax Launches “Employment Insights” to Streamline Auto Financing with Verified Data

January 29, 2026FinanceCredit history, Credit risk, Credit score, Debt, Equifax, EQUIFAX CONSUMER, Equifax Inc., Personal finance, Pre-qualification, Verification of employmentadmin

Jan. 29, 2026 /Mpelembe Media/ — Equifax has introduced a pair of new Employment Insights tools tailored specifically for automobile retailers. These resources integrate verified job and income data from The Work Number directly into standard consumer credit reports to provide a more transparent financial overview of potential buyers. The first tool assists with prequalification by gauging a customer’s true purchasing power, while the second supports the financing stage by confirming application details to minimize lending risks. By moving away from self-reported information, dealerships can offer more accurate loan terms and accelerate the overall car-buying process. Ultimately, these digital solutions aim to help the automotive industry make faster, data-driven decisions while improving the consumer experience. Continue reading →

26Jan/26

Equifax Launches “Income Confirm” to Accelerate and Personalize Credit Card Origination

January 26, 2026FinanceCredit, Credit card, Credit history, Employment discrimination, Equifax, EQUIFAX CONSUMER, Mortgage industry of the United States, Mortgage underwriting in the United States, Personal finance, Verification of employmentadmin

Jan. 26, 2026 /Mpelembe Media/ — Income Confirm launch was announced today, a new financial tool developed by Equifax to improve the credit card application process. By merging verified employment and salary data with traditional consumer credit reports, this service allows lenders to assess a borrower’s financial capacity with greater precision. The platform utilizes information from The Work Number to provide real-time updates on an applicant’s job status and yearly earnings. This integration aims to accelerate approval times and help financial institutions set more appropriate spending limits for new customers. Ultimately, the technology seeks to replace estimated guesses with fact-based insights to foster a more efficient lending environment. These details are featured on the Mpelembe Network, a digital hub that aggregates international news across diverse sectors like finance and technology. Continue reading →

25Jul/24

Equifax Introduces New Mortgage Verification Solution

July 25, 2024FinanceCorruption in the United States, Credit scoring, Data brokers, EFX, Equifax, Intercontinental Exchange, New York Stock Exchange, Verification of employmentadmin

Equifax® (NYSE: EFX) has launched a new solution, All Employers Within 90 DaysTM, in support of its commitment to providing an extensive set of verification solutions for the mortgage industry. Read more