Fund More Auto Loans, Faster

Auto loan applicants are 40% more likely to be funded when instantly verified by The Work Number.* Make smarter, faster decisions with employer-provided data across the lending lifecycle.

ON-DEMAND WEBINAR

Unlocking Growth: Strategies to Thrive in a Changing Auto Lending Market

Join us to learn more about de-risking portfolios and driving growth to help you stay ahead of the curve
WATCH NOW

Instant Verifications Help Get Borrowers On the Road

Have a more comprehensive view of a borrower's financial picture with verified income and employment data.

24/7 Data Access

Verify borrower information, even after hours, with as little as a social security number.

Employer-Provided Information

Employment records are updated every pay period, giving you the most up-to-date income information. 

Better For Borrowers

With instant reports, reduce the need to ask borrowers for additional paperwork showing an income trail.

Use Data-Driven Insights Through the Full Auto Loan Cycle 

APPLICATION
Identity Validation

Validate borrower identity faster and reduce the burden of manual identity validations. Instantly match a borrower's name and social security number against employment records from The Work Number database. 

APPROVAL
Decisioning and Funding

Instant income and employment verifications help you say 'yes' to a broader pool of borrowers, faster, while minimizing risk and enhancing the borrower experience.  

ACCOUNT MANAGEMENT
Portfolio Reviews

Proactively manage your accounts with portfolio reviews to identify and mitigate risk, protect your bottom line, and help your portfolio stay on track. 

Recovery
Account Treatment

Understand your borrower's current financial situation and ability to pay with current employment data to help you segment accounts.

“In today’s competitive auto market, relying solely on credit scores and stated income just isn’t enough. It can leave you exposed to unnecessary risk and slow down your process.”


Will Holleman, Auto Sales Leader

 

Data Delivered the Way You Need It 

Data delivery methods may vary by solution.

Web-based Access

Log in to our verification insights portal. Purchasing flexibility allows lower volume verifiers to pay by credit card and larger volume verifiers to be invoiced monthly.

System Integrations

Connect directly to The Work Number database within your own origination technology systems using an API.

Batch Processing

High-volume verifiers can obtain information on the entire loan portfolio as well as process thousands or even millions of verifications at once.
benefits of verification for the auto industry 

Verification available when car buyers are shopping

In 2024, The Work Number helped 52 million people benefit from instant income and employment verifications outside of regular business hours.

Verification can be completed in seconds

Dealers and auto lenders can adapt to changing situations and quickly capture new customers.

The credentialing process is easy

It just takes a few steps to become a credentialed verifier with access to information you need to make smart lending decisions.

Access to more than 781 million records and counting

Enable a greater number of verifications with current records and more contributors than other verification companies.
THE WORK NUMBER DIFFERENCE

The Largest Commercial Source for Consolidated Employment Data 

4.74M

Nearly 4.74 million employers contribute employment and income data, directly or through payroll providers, to The Work Number database.

781M+

The Work Number database offers credentialed verifiers access to more than 781 million records for verifications of income and employment.

6.4M+

In 2024, The Work Number provided verifications for 6.4 million people seeking auto loans, streamlining the auto lending process.
On-Demand Webinar

Unlocking Growth: Strategies to Thrive in a Changing Auto Lending Market

The auto lending landscape is shifting. With fluctuating interest rates and delinquencies, and increased consumer financial strain, lenders are challenged to manage risk while still driving growth. How can you confidently navigate these economic headwinds and thrive in the market?
SECURITY AND COMPLIANCE

Secure Data From A Trusted Leader 

The Work Number is governed by the Fair Credit Reporting Act (FCRA). Only verifiers with a permissible purpose can access and use data from The Work Number. We maintain globally recognized certifications in management and security.

Help Improve Your Portfolio Performance

Our team can help you pick the right solutions for your unique needs.

Blog

Explore Verification Insights

Browse timely, informative news and insights about the auto industry.

Auto
A Rush for Auto Refinances: How Auto Lenders Can Accelerate Approvals
Auto refinance volume is up and interest rates are dropping. This presents an opportunity for auto lenders.
Consumer Finance
The Evolving Landscape of Consumer Finance: Key Insights From Leading Lenders
We interviewed more than a dozen leading consumer finance lenders about the biggest trends and challenges facing the industry.
Auto
Why Instant Address Verification is Non-Negotiable for Auto Lenders Right Now
The pressure to make fast, accurate, and secure loan decisions has never been higher, making instant address verification a strategic imperative.
*Equifax Data Study, 2022. Results may vary.
Looking to download or manage your individual Employment Data Report? Visit Employees.TheWorkNumber.com