The Work Number easily confirms a borrower’s ability to repay and meet the requirements set forth in the Dodd-Frank Wall Street Reform and Consumer Protection Act. Providing you with a 100% verification through an integration with FraudGuard, this solution confirms a borrower’s employment and income by placing VOE and VOI orders directly.
The seamless process delivers results within seconds by leveraging a database of more than 200 million employment and income records from over 2,000 employers. And, if your applicant’s employment data isn’t instantly available, a manual verification can easily be initiated and completed by a dedicated team of verification specialists
The integration of The Work Number in FraudGuard includes:
- Instant, Manual (Researched) and Reverify order types
- Order results are viewed directly in FraudGuard and the analysis of the results are included in the overall borrower risk score