You depend on accurate income information. Without reliable income data, it's difficult
to gauge consumers' ability to pay, which can negatively impact everything from lending
decisions to risk management and debt collection activity.
For credit issuers and loan underwriters, income verification is a critical function
that both mitigates credit risk and prevents fraud.
Experian® offers income information that's secure, instant and available
24-7. A few ways you can use and benefit from our income products and services include:
Validate borrower income and reduce fraud
When a prospective customer applies for a loan, a new apartment or credit card,
income verification is a critical step to determining his or her ability to pay. Income ViewSM
offers a fast way to validate borrower-provided income against income tax data on
file with the Internal Revenue Service (IRS), giving you a reliable method for verifying
Gain a full view of your customer's income picture
InsightSM provides a comprehensive measure of total income —
including wages, rent, alimony and investments — giving you visibility into
the credit capacity of your customers or prospects. Its income-estimation models can
help you better understand the risk profile of your customers and enhance your underwriting
and risk-assessment processes. Income Insight is built on bureau-exclusive predictors
and verified income data, with real-time availability.
Estimate wage income
Income Insight W2SM provides an added level of transparency when validating
a customer's self-reported wages. It can help you streamline your underwriting process
by eliminating the need for time-consuming income verification. Income Insight W2
can be particularly valuable when dealing with low- to mid-range income levels where
income is comprised primarily of W2 wages.
Get More Information
The form below is for requests from businesses only. If you are a consumer
looking for fast resolution to your consumer credit questions, please visit our Personal
Services Contacts page.