Credit Plus, Inc. Now Offering Online and Manual Employment Verifications
Ensures Compliance With Fannie Mae LQI Requirements and Ability-to-Repay and Qualified Mortgage Standards
SALISBURY, Md., Sept. 27, 2013 (GLOBE NEWSWIRE) -- Credit Plus, a leader in the credit information industry since 1928, today announced that the company is now a certified reseller of Equifax Verification Services offering online employment verifications from The Work Number® database.
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The Work Number is the most comprehensive employment and income database in the nation. The database includes 226 million total records and nearly 54 million current employment records contributed by over 2,500 employers nationwide. The information is updated every payroll cycle; so the most up-to-date information is constantly available. Credit Plus can manually verify employment within one to three business days for applicants not included in The Work Number database.
"We make employment verifications easy and offer lenders an auditable process that ensures they are getting data they can trust," said Greg Holmes, National Director of Sales and Marketing at Credit Plus.
"Lenders today operate in an environment of heightened regulation making the need to have reliable verification processes from a credentialed source more important than ever," said Michael Kuentz, Equifax Verification Services Leader. "As a reseller of The Work Number, Credit Plus is well positioned to deliver an unparalleled level of efficiency, and documentation to lenders to help them better manage risk and meet regulatory demands."
For more information about employment verification from Credit Plus, visit www.creditplus.com/employmentverification, call (800) 258-3488 or e-mail beyondbundled@creditplus.com.
About Credit Plus, Inc.
Credit Plus, Inc., provides intelligent insight to mortgage professionals so they can make smart lending decisions. Headquartered in Salisbury, Md., the company's products and services include credit reports, scoring tools, Tax Return Verifications, fraud prevention, Undisclosed Debt Monitoring™ powered by Equifax, verification services, flood reports, title services, appraisals, and more.
For more information, please call Credit Plus at 800-258-3488, email beyondbundled@creditplus.com or visit the company's website at www.creditplus.com.
About Equifax Inc.
Equifax (NYSE:EFX) is a global leader in consumer, workforce and commercial information solutions, that provides businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 500 million consumers and 81 million businesses worldwide, and uses advanced analytics and proprietary technology to create and deliver customized insights that enrich both the performance of businesses and the lives of consumers. Equifax Verification Services, also known as TALX Corporation, is a wholly owned subsidiary of Equifax and an Equifax business unit. EVS maintains the most comprehensive database of employment and income information in the nation.
Headquartered in Atlanta, Equifax operates or has investments in 18 countries and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. In 2013, Equifax was named a Bloomberg BusinessWeek Top 50 company, was #3 in Fortune's Most Admired list in its category, and was named to InfoWeek 500 as well as the FinTech 100. For more information, please visit www.equifax.com.
The Work Number® is a registered trademark of Equifax® Inc.
CONTACT: Amy Hansen
Seroka Public Relations
262-523-3740
amy@seroka.com
Released September 27, 2013