TotalVerify by Equifax provides employment, income, and education information to lenders, credit issuers, government agencies, and others so they can make faster and more informed decisions.
Verifying income and employment information requires quality data. Government agencies, loan providers and HR professionals need access to employer and payroll provided data to confirm information submitted by applicants for things like government benefits, mortgages, and jobs.
Equifax delivers data provided directly from employers and payroll providers, along with sophisticated technology solutions, to help complete verifications with confidence. Equifax uses what they describe as robust, real data — not modeled data — to help reduce uncertainty around important business and eligibility decisions.
Equifax's Verification portfolio of products include:
- Verification of Education - allows for electronic verification of an individual’s graduate attainment or enrollment status. Additionally, the Verification of Education is delivered as a separate report through the same portal as Eqeuifax's employment and income verifications, providing a seamless ordering and delivery process for all of verification needs.
- Verify Eligibility for Government Programs - Automated, real-time data that can streamline the verification process for government programs. Government agencies and organizations who administer social services programs know it’s critical to have access to timely and reliable data. For food and housing assistance, medical insurance, child support, unemployment benefits, and other programs, verifying eligibility quickly and with the most up-to-date information available is key. Automating the use of real-time data can streamline this process to help qualified recipients get the help they need while maintaining program integrity.
- Verify Income & Employment History - Automated data to improve verification and reduce risk. Whether the user is seeking an ongoing understanding of a customer's financial situation, or to better segment an audience, speed up processing to improve the approval experience, or help ensure eligibility for applicants or renewals, Equifax offers a solution.