Experian expands coverage for real-time income and employment verification
The enhancement introduces Experian’s automated income and employment verification waterfall and helps lenders easily leverage both instant and permissioned technology with consumer consent to verify income and employment for over 85% of the U.S. workforce.
- The enhancement introduces Experian’s automated income and employment verification waterfall and helps lenders easily leverage both instant and permissioned technology with consumer consent to verify income and employment for over 85% of the U.S. workforce.
- While verification of income and employment is required in mortgage lending, the practice has become more common across other types of unsecured lending.
- “With Experian Verify, we offer lenders multiple options to easily complete their income and employment verification while helping to provide consumers with the best possible experience,” said John Tsefrikas, Senior Vice President and General Manager Experian Verification Solutions.
- Many of today’s leading financial institutions, including mortgage and auto lenders, card issuers, fintechs, and more trust Experian Verify for their income and employment verification needs.