Executive Action! President Obama’s Immigration Plan

President Obama Immigration Reform

Yesterday evening (November 20, 2014), President Obama announced his plan for executive action on immigration. In the national speech, the president outlined three areas of focus the executive action is geared to address: Increase Border Security: Provide additional resources for law enforcement personnel so that they can stem the flow of illegal crossings and speed [Read More...]

Three Alternative Lending Sources for Small Businesses

Alternative lending is a growing phenomenon.

Alternative lending has grown in popularity as small businesses look for financing. Here are three alternative options that offer huge potential rewards.

Mortgage News Network Interview with Equifax Expert Rosie Biundo

MNNinterview

Mortgage News Network’s Phil Hall sat with Rosie Biundo, Senior Director, Equifax Mortgage Services, at the recent MBA Annual Convention & Expo to discuss the latest issues in the mortgage industry such as HELOC resets and upcoming regulatory changes.  Click the video below to view excerpts from the interview.

Retail Newsflash – Election Improves Outlook on Key Retail Issues

Capitol-Reflection

As the Republicans take control of the Senate, Retail policy priorities are likely better positioned in the new political atmosphere. Republican control of the Senate positions the following issues for higher priority action: Healthcare – specific ACA fixes will rise on the legislative agenda, such as defining full-time as 40 hrs/week vs. 30, and also [Read More...]

Move Past Secrets to Real Identity Verification

Account Takeover Protection for Online and Mobile Banking

Prior to the burst of social media sharing, little known facts about our lives were widely used for authentication before we were permitted access to sensitive information. For example, if someone called a retail bank to check a balance or question a DDA fee, she would provide identifying information for herself and her account, and [Read More...]

Questions are the Answer for Millennials in Auto Finance

Millennial Car Buying

The next generation of car buyers is walking through showroom doors with mounds of student debt and thin credit files, making creditworthiness particularly challenging to discern. For dealers looking to better serve the swiftly growing millennial market, Equifax’s resident auto marketing expert Jenn Reid recently shared practical advice with Car Biz Today on how to help align this growing customer base with the [Read More...]

Keep Customers from Selling Themselves Short

dream car

A common misconception in auto lending is that there’s a high propensity for customers to overstate their income. In reality, what Equifax has found is that around 25% of borrowers overstate their income while 75% actually under-report what they make. In either scenario, getting an accurate representation of employment and income data eliminates many uncertainties in the [Read More...]

Auto Market Revels in Record Vehicle Loan Totals: A Breakdown of the Recent National Consumer Credit Trends Report

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Auto Market Revels in Record Vehicle Loan Totals: A Breakdown of the Recent National Consumer Credit Trends Report

Say No to Customer Churn: Tapping Data to Identify New Customers and Keep Your Old Ones

Acquire new customers and retain existing ones by knowing how to use the right data.

Using the right data to identify new customers and retain existing ones can increase your market share and reduce churn.

Bulletin: I-9 Compliance – Are You Prepared for the Holiday Hiring Season?

Holiday Hiring

Holiday Hiring Season Looms—Are Your I-9 Processes Ready? With the holiday hiring season here, employers should ensure readiness by re-examining their I-9 processes and accompanying documentation.  Higher volumes can lead to careless mistakes even with seasoned preparers, so a good starting point is an evaluation or creation of a strong Standard Operating Procedure (SOP) document.  [Read More...]