The Work Number® Report Indicator + Income Qualify Now Available with IR Credit Reports

The Work Number (TWN) from Equifax contains over 700 million employment records contributed by more than 4 million employers, yet lenders often ask, “Does it have relevant data on the borrowers I’m trying to verify?” A new service—TWN Report Indicator + Income Qualify (IQ)—helps answer that question efficiently and at the earliest stages of the lending process.

TWN Indicator + IQ is delivered as an addendum to an Equifax credit report ordered through Informative Research, offering a preview of available TWN records at no additional cost. The addendum includes:

• A yes/no confirmation of a current or historical employment record, contributed within the past 36 months
• The name of the employer organization contributing the record
• The borrower’s total time (years/months/days) with the employer
• The borrower’s annualized prior-year salary
• Any employer-specific disclaimers accompanying the employment data

Employer name, tenure, and annualized income details help lenders determine whether a full verification request is necessary— not outdated or unrelated employment history that may be inconsequential to the loan.

TWN Indicator + IQ boosts lender confidence that verification of income and employment (VOIE) can be readily obtained at the right phase of the loan origination process, helping to streamline workflows and manage costs.

To get started, contact your Informative Research representative to request a contract addendum. Enabling the service requires no development work—just configuration by your Client Success specialist. Once completed, you’ll begin receiving the TWN Indicator + IQ addendum as a supplemental page at the end of each credit report.