More Confident Auto Lending Decisions

The Work Number® helps you convert more loans faster while minimizing risk, so you can deliver a frictionless borrower experience.

In today's auto lending landscape, you need a solution that helps empower you to unlock value throughout the entire auto loan lifecycle.

Unlocking Value Across the Full Lending Lifecycle

Many of our clients use The Work Number's robust data throughout the entire lending lifecycle – from initial application to continuously managing their portfolios and beyond.

At Application

Whether an application is submitted digitally or in-person, Equifax helps provide a reliable and seamless loan experience.

At Approval

Say "yes" to a broader pool of borrowers, faster, while minimizing risk and maximizing satisfaction.

Portfolio Review

Proactively manage your accounts to identify and mitigate risk.

Recovery Strategy

Help Improve account segmentation and treatment strategies.

Why Choose the Work Number?

Approve More Loans, Faster

Help have a clearer view of applicants’ creditworthiness and ability to pay. Auto lenders who leverage The Work Number see a 48% higher likelihood of closing.*

Enhance Customer Experiences

Provide the immediacy and convenience consumers have come to expect through a seamless and hassle-free automated process.

Improved Loan Performance

Gain a comprehensive understanding of borrower repayment ability, potentially reducing delinquencies and optimizing portfolio health.

TALK TO AN EXPERT

Integrated auto lenders who use instant income and employment data have observed a 2.45x increase in conversion rates across all credit bands. (A 2022 Equifax study compared auto lenders who competed on 100K or more auto loan applications per month.)

Our Solutions

Income and Employment Verification

Access income and employment information instantly to verify applicant-provided data.

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Address Verification

Empower your loan decisions with instant, reliable address verifications.

Identity Verification

Confirm whether an applicant-provided name and social security number matches a record on The Work Number database to quickly validate an applicant’s identity.

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BY THE NUMBERS

4.4M

Nearly 4.4 million employers contribute employment and income data, directly or through payroll providers, to The Work Number database.

751M+

The Work Number database offers credentialed verifiers access to more than 751 million records for verifications of income and employment.

149M

The Work Number service fulfilled 149 million verification requests on behalf of consumers in 2024

FEATURED VERIFICATION INSIGHTS

Fuel Your Auto Lending During Tax Season: Strategies to Help Maximize Returns & Mitigate Risks Headline

Tax season is upon us, and for auto lenders, that means a wave of potential opportunities... and challenges. Are you ready to ride the wave? We discussed how to capitalize on the influx of cash-flush consumers and turn tax refunds into your lending success.

WATCH ON-DEMAND WEBINAR

Client Study: Convert More Auto Loans with The Work Number

Learn how integrating The Work Number® digital income and employment verifications can positively impact your loan decisioning engine.

DOWNLOAD CASE STUDY

Your 9-Step Checklist for Proactive Auto Loan Portfolio Management

Risk is, and always will be, a part of the auto lending process. You are continually evaluating fluctuating delinquency rates, a shifting economy, and borrower behaviors to understand and evaluate risk levels within your portfolios.

VIEW CHECKLIST