NEW from Equifax!Equifax now offers Income and Employment Verification, a quick, easy and trusted solution for prequalifying buyers to get them driving off the lot faster in a car they can afford. And it’s available online 24/7.

The Work Number®, a proprietary database owned by Equifax, can help you enjoy:

■■ Increased sales, customer satisfaction, and referrals by getting your buyers into cars they can afford—faster

■■ Faster funding by helping to eliminate the need to wait for paystubs or phone calls

■■ Instant access to payroll and paystub data from 4,300 U.S. employers and growing

Equifax Automotive recently announced an upgraded version of their ePort for Automotive online dealer portal, which helps dealers strengthen auto financing, enhance regulatory compliance, fund loans faster and improve customer service.

Equifax ePort gives dealers instant access to the multiple Equifax credit scores that lenders use most, plus verification of income and employment data, fraud and compliance checks—all in one spot. Since it’s all web-based, it is readily accessible 24-7 wherever it’s needed. Dealers can quickly respond to customer inquiries, instantly access a total view of the customer, confidently answer lender questions, improve the customer experience and save valuable time getting the data you need directly from a single trusted source. Negative information can be easily spotted, as all the negative information is summarized at the top of the report.

You can reach Equifax at 1 (800) 879-1025 to learn more about their solutions for independent dealers.

Sincerely,

Scott D. Lilja VP of Member Services, NIADA

Auto Solutions for DealersEquifax and NIADA partner to offer revolutionary vehicle delivery solutions to independent dealers

VERIFICATION SERVICES

NIADA members gain access to Equifax online portal which offers a total view of the consumer, streamlines operations and accelerates the delivery of used vehicles.

NIADA and Equifax recently began working together to identify the common pain points independent dealers face. Through this collaboration, both organizations believe they will be more strongly positioned to better help independent dealers overcome some of the identified challenges by providing information in one easy-to-access portal.

Equifax offers a multitude of business solutions that help independent dealers:

■■ Improve Marketing—Improve the effectiveness of your direct mail and online campaigns leveraging our deep consumer insight

■■ Manage Credit Risk—Utilize easy-to-read credit reports with summarized trade lines that are organized specifically for dealers

■■ Mitigate fraud—Bust fake paystubs and deter identity theft

■■ Offer the right deal—Verify income and employment to get the consumer in the right vehicle

Find CustomersAt Equifax, we help grow your dealership by giving you the most in-depth and useful information possible about your prospects and customers. We can help focus your prospecting efforts on the leads most likely to purchase a vehicle from your dealership, and help you identify which consumers are the right credit profiles for the lenders you partner with. Promote the right vehicles and packages to auto shoppers with insight on their estimated household income, vehicle preferences, intent to buy or lease and more.

Our vast suite of marketing data and analytics tools transform raw consumer and competitive data into strategic insight to help you find, attract and retain more high-value customers and better manage your leads.

■■ Target the right consumers at the right time for the brand, model and other options with our estimated household financial capacity measures

■■ Rank and prioritize leads based on likely financial ability and intent to buy

■■ Accelerate sales with real-time consumer insights at the point-of-sale and beyond with Household Decisions™

■■ Reach interested online audiences by understanding who is viewing your ads and your website

■■ Customize the customer online experience and serve relevant ads to your target audience with auto specific online targeting segments

Close DealsWhether a customer has made an online internet inquiry or is waiting to take delivery of their vehicle, you have to act fast. Any delays can give your competition time to get in front of the customer or impact your customers’ satisfaction, hurting your chances of closing a deal and gain precious referral business.

With Equifax, you get the details you need in seconds with in-depth, automotive-specific insights around credit, financial capacity and risk. Know where to send your loan applications, avoid surprises in the finance office and efficiently get deals approved. We put you on the same page as your lenders with smart, time-saving packages such as the three Equifax credit scores used by most lenders—all in one report. No longer will you have the surprise of unexpected lender terms and conditions that can jeopardize a deal, hold up deals in funding and cost you money. We also offer comprehensive packages that provide all the credit, compliance and risk information you need to get a deal bought by a lender in one, easy place.

Check out our new, easy-to-read Auto Credit Report, with auto tradelines, core consumer information and negative information and alerts grouped at the very top of the report to help you immediately spot potential credit concerns or

fraud issues. You know in an instant if you should or should not deliver a vehicle, and you have all the information you need to speak with your lenders.

■■ Close deals faster with deeper customer insight that aligns with lender requirements, terms and conditions

■■ Streamline and strengthen decisions and regulatory compliance with robust packages that include credit, identity and fraud screening, risk-based pricing disclosure, adverse action letters and more

■■ Know in seconds if you should or should not deliver a vehicle with auto-specific credit reports

■■ Save time, money and resources by centralizing requests for credit reports, scores, income and employment verifications and more with one trusted partner

Accelerate Growth!At Equifax, our top priority is to put you in the driver seat and leverage our vast automotive expertise to understand your challenges, use our data resources and insights to create solutions that help you deliver more vehicles, retain customers and optimize the day-to-day performance of your dealership. Save time, money and resources by centralizing requests for credit reports, scores, income and employment verifications and more with one trusted partner.

FAKE PAYSTUB?

The Work Number® database contains employer-provided income and employment data that is as recent as the consumer's latest paystub

What vehicle can this buyer actually afford?

47 million verifications were completed in 2014, a 32% increase from 2013

Bad rates for consumers with job tenure one year or less with auto loans <$15,000 are almost twice as likely to go delinquent as those with 10+ years of tenure*

Having employer-provided income allows you to extend THE RIGHT DEAL TO THE RIGHT BUYER

Over 4,300 employers contract exclusively with Equifax to provide employment and income records for their employees

27%

15%

APPLICATION

THE RIGHT DEAL

DID YOU KNOW?

CREDIT SCORE: 650JOB TENURE:

1 MONTH

CREDIT SCORE: 650JOB TENURE:

10 YEARS

SAME AMOUNT OF RISK?Clearly not!

REAL PAYSTUB?FICO: 12345

PAYDATE:12/34/15

The Work Number contains records for approximately 40% of the US credit population

Increase your dealership efficiency and reduce risk by relying on Equifax for your verifications process

WHAT COULD YOU DO WITH

to employment and income information? INSTANT ACCESS

FAKE PAYSTUBS

JOB TENURE

Stop wasting time PLAYING DETECTIVE when it comes to FAKE PAYSTUBS

Do you know how much JOB TENURE CAN IMPACT REPAYMENT RISK? Equifax provides tenure information.

approximately 27% OF APPLICANTS overstate income BY MORE THAN 15%*

approximately 15% OF APPLICANTS overstate income BY 50% OR MORE*

*Statistics in this infographic are based on Equifax research comparing a random ten-percent sampling from The Work Number database to traditional credit bureau reporting and verification processes. Ninety-plus days past due performance for auto loans originated in 2011, 2012 and 2013 was examined from September 2012 to September 2013.

Equifax is a registered trademark of Equifax Inc. The Work Number is a registered trademark of TALX Corporation, a wholly owned subsidiary of Equifax Inc. Copyright 2015, Equifax, Inc., Atlanta, Georgia. All rights reserved. EFX-WS-4018-06/25/2015

For more information:800-879-1025www.equifax.com/automotive

CONTACT US TODAY