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Black Book Working with Equifax on Value Data for Lenders

2014-10-08 03:37:20| AutomotiveDigest.com - Automotive Industry News

Equifax will be providing auto lending customers with an added benefit direct access to Black Book vehicle value data and loan-to-value (LTV) model data. Black Book says that by incorporating its data with differentiated Equifax data, lenders can better evaluate LTVs at origination, migration of LTVs, collateral risk, and layered risk. Using Equifax and Black Book data also gives lenders additional tools to monitor evolving LTV ratios over time. The Article Black Book Working with Equifax on Value Data for Lenders appeared first on Automotive Digest.

Tags: data book black working

 

Equifax Reports:Auto Industry Strong Performance Continues, Balances and New Credit Reach Record Highs

2014-06-19 23:24:43| AutomotiveDigest.com - Automotive Industry News

The Article Equifax Reports: Auto Industry Strong Performance Continues, Balances and New Credit Reach Record Highs appeared first on Automotive Digest.

Tags: performance record credit industry

 
 

Equifax Automotive Adds Proof of Rent, Auto Insurance and Address

2014-02-04 00:57:03| AutomotiveDigest.com - Automotive Industry News

Equifax unveiled it's newest generation of Equifax Verification Services at the recent NADA Convention in New Orleans, enabling automotive dealers and lenders to more efficiently verify income and employment - and for the first time - rent, auto insurance and address. As the auto industry nears the peak 2014 selling season, these tools allow dealers and lenders to shift their focus to what counts; delivering vehicles. Verification of rent, auto insurance, and address - as well as income and employment- are crucial components of ensuring that lenders have the right information when booking loans and mitigating loss. This burden of verification has fallen mainly to dealers which is time consuming and keeps them from doing what they do best - selling cars. GET MORE DETAILS on what Equifax Verification Services can do for your dealership!The Article Equifax Automotive Adds Proof of Rent, Auto Insurance and Address appeared first on Automotive Digest.

Tags: address auto insurance automotive

 

Equifax Automotive Win in a Changing Market

2014-02-04 00:40:18| AutomotiveDigest.com - Automotive Industry News

Credit is loosening and customer demand for vehicles is booming. Competition is fierce and profit margins are shrinking, making speed and efficiency vital. You need to know more, faster, about your market and consumers whether they are on or off the lot. The Article Equifax Automotive Win in a Changing Market appeared first on Automotive Digest.

Tags: market automotive win changing

 

700 Credit and Equifax Partner to Offer Auto Dealers Instant Income and Employment Verifications

2014-01-21 16:56:06| Auto Dealers - Topix.net

The solution is provided by the Equifax Workforce Solutions business unit. Being able to verify income and employment information at the dealership improves the consumer experience by making the transaction process more seamless with fewer roadblocks to financing.

Tags: auto offer partner credit

 

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