Equifax provides employment, income, and education information to lenders, credit issuers, government agencies, and others so they can make faster and more informed decisions.
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RapidVerify
Score 8.6 out of 10
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RapidVerify is a no-code solution designed for real-time identity and income verification. Key features of this Software-as-a-Service (SaaS) platform include: Real-Time Verification: RapidVerify offers identity and income verification, streamlining the user verification process, to reduce the risk of fraud, and promoting trust and security in transactions. No-Code Interface: With a no-code interface, RapidVerify is designed…
Equifax Verification is best suited to our needs in our rental application process, whereby applicants 18 years of age and older are required to submit to a credit and background check in order to assess their application. This is in conjunction with following all applicable local, state and federal fair housing regulations, which Equifax does a great job in following, as well
Overall, I was very impressed with Rapid Verify's offering. The onboarding process was quick and easy. For us, the turnaround time in getting results was the biggest benefit. It would be nice if we could integrate this in our current software we use internally as this would prevent us from having to switch between platforms to get this done.
More details on why the id check failed. We had one case wherein it failed. We were able to ask support, but it would be nice if the report included this in more detail.
The user interface was pretty simple and not too complicated which made it easy to figure out how to use the platform. This is what made it appealing. Too many options can be distracting.
We usually have to wait days for a response from online vendors, but RapidVerify responded to our queries within a matter of hours which was very refreshing.
Suppose you are a property manager and would like to verify your tenants' details. In that case, Equifax is one of the most popular and commonly used id verification or background check software that is suggested to use. Cost wise every check is about $13 but it is worth paying the money and getting the tenants verified rather than having the wrong tenants on the property. Other software do not provide any reliable data
We asked our IT guy and he mentioned maybe we should try Plaid, but when looking at their offering, we would have had to get a developer to set everything up and it all seemed too complex for our needs. We are not a large company and we wanted something simple and easy to use. With RapidVerify, everything just worked.