Income & Employment Verifications
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Why Choose Verification Exchange™?
Verification Solutions for Canadian Lenders and Employers
With consumer consent, Equifax verifications are sourced directly from Verification Exchange™ — a database of payroll records from employers across Canada.
Depending on your decisioning needs, choose the level of detail required:
- Income and Employment Verifications: Delivers basic job details alongside compensation data including base wages, bonuses, commissions, overtime, historical payment records, and recent or projected pay increases.
- Employment Verifications: Provides essential job details when you need to confirm an applicants employer, address, job title, status, hire date, and tenure without reviewing compensation.
If an applicant’s records are not immediately in the database, our specialists can conduct a researched verification to manually complete the request in as little as one to three business days.
Streamline Your Verifications
Manual verifications can increase administrative burden and delay critical requests. Verification Exchange from Equifax automates secure data sharing to help protect your budget, manage compliance risk, and deliver a seamless experience across your organization.
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