Estimated Income

Provides an estimation of income of individuals on the retail bureau

Product Overview

Estimated Income from Equifax  provides estimated income for individuals and has been developed for reducing costs and increasing approval rates. It reduces the number of customers that need to provide validated income and therefore reducing the time taken for approvals.

  • New Accounts –
    • Reduce the number of customers that have to provide validated income at the time of new account approval
    • Reduce the cost of collecting income documentation from customers
    • Reduce the end-end time taken for decisioning and approvals
  • Portfolio Management / Cross-Sell
    • Improve efficiency of cross-sell campaigns by reduction in calling cost
    • Improve up-take of cross-sell products
  • Collections Management
    • Increase collections efficiency by improving collectability assessment of delinquent customers