Equifax Now Offering ePort - Instant Verification of Credit & Income, Without the Stipulations
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Equifax Now Offering ePort - Instant Verification of Credit & Income, Without the Stipulations
Equifax is now offering dealerships the revolutionary ePort technology, allowing them to eliminate the need for lender stipulations and allowing loans to be funded right away. With ePort, dealerships can have instant access to credit approval decisions, even when credit is questionable. Often credit challenges can cause the closing of a sale to bleed into the next day, or in some cases the next week. This puts both the dealership and car buyer at risk, not to mention causing wild goose chases and frustration. Through ePort, dealerships no longer have to risk missing deals due to a customer’s questionable credit, and can get an answer now versus later. Instant verification is the fastest route to informed credit decisions.
Not only are dealers saving time, money and deals, they no longer have to worry about lenders coming up with a different credit score days later, changing deal terms or approval status after terms have already been discussed. Some of the biggest problems that dealerships face are issues that stem from auto financing. Equifax provides access to the information dealers need to make decisions on the spot. Now dealers can see what the lenders know, so they can quote the right rates and deliver cars with confidence.
Equifax makes it possible for dealers to…
- Clear lender stipulations with instant income and employment verifications
- Access multiple credit scores to get on the same page with your lenders
- Streamline fraud and compliance checks to stay focused on selling
Equifax offers consumer reports, employment and income verification, bankruptcy navigator index, identity scan, first search, business credit reports, business principal reports and business fraud advisors so you can get financial information fast. The sooner the customer is approved the sooner the deal is closed.
The wait is over. Equifax eliminates the extra steps that could cost dealerships in the long run. To learn more about the instant verification process visit us online.
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