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FOR IMMEDIATE RELEASE:
Fund Deals Faster With Instant Verification of Employment & Income – Knock Out Stips With Just a Click

Equifax is now offering dealerships the ability to instantly access income and employment information to clear lender stipulations, through their revolutionary Equifax ePort online portal. Avoid sending customers home, chasing down stipulations, and avoid deals being hung up in funding. Dealerships can have instant access to the information they need to make on the spot 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 causes frustration, and mistrust between both the dealership and car buyer -- not to mention unnecessary rehashing with lenders, impact to the dealership cash flow and risk of poor CSI scores.

Dealerships no longer have to risk missing deals due to not having a complete picture of a customer’s credit situation. Instant verification of income and employment is the fastest route to informed credit decisions, and getting your deals delivered and funded quicker. For more information, please visit our blog, or visit the Equifax ePort website.

Not only are dealers saving time, money and deals, they can avoid costly surprises with lenders coming up with a different version of a credit score after the deal is delivered, and then changing deal terms or approval status after terms have already been delivered to the customer. 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 be on the same page as their lenders with a complete view of the customer, so they can quote the right rates and deliver cars with confidence.

Equifax makes it possible for dealers to:
Equifax provides accurate information through consumer reports, employment and income verification fraud and compliance, you can get the information you need to deliver vehicles fast. The sooner the customer is approved -- the sooner the deal is closed.

Equifax eliminates the extra steps that can really cost dealerships in the long run. To learn more about the instant verification process please contact us today.