Auto Refinance: Speed Up Loan Decisioning with Digital Income and Employment Verifications Image
Auto Refinance: Speed Up Loan Decisioning with Digital Income and Employment Verifications

Auto lenders can obtain a more comprehensive picture of a borrower’s financial situation and more readily approve auto loan refinancing applications.

By leveraging The Work Number® from Equifax, lenders can obtain a borrower's latest income and employment details in seconds, helping them better understand loan affordability and make more informed decisions.

In a competitive market, auto lenders must be more efficient in their loan decisioning process to capture borrowers interested in new purchases or refinances.

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