How it fits your workflow.
The Work Number from Equifax provides employment and income verification services. A lending review should retain the verification source and reporting period rather than interpreting a result as a complete picture of the applicant's finances. Employment information and repayment capacity remain different questions within the review.
WORKFLOW FOCUS
Employment verification sources and income reporting periods.
From your stack to your workflow.
01 / Map the outcome
Choose the process you want to improve and the records, events, or actions it depends on.
02 / Define the connection
Review supported capabilities, access permissions, field mapping, and policy requirements with your Paypath team.
03 / Validate before expanding
Agree on a focused workflow, test it with your team, and confirm the results before extending the scope.
A few things to know.
Does an employment verification prove repayment capacity?
No. Verification supplies employment or income evidence. A lender evaluates that evidence alongside the other information and criteria relevant to its credit review.
Can we keep our existing systems?
The starting point is your current stack. We work with your team to understand where each record lives and how the proposed connection should fit your operating model.