Equifax
86 Case Studies
A Equifax Case Study
Andy Mohr Ford, a high-volume dealership in Plainfield, IN selling 500–600 vehicles a month, was seeing increasing fraud from customers presenting falsified income and forged employment documentation, putting vehicles and financing at risk and exposing the dealership to potential repossession and excess wear-and-tear costs.
They adopted Equifax’s Automated Income Check—the same verification tool used by their lenders—to validate employment and income in real time rather than waiting 1–2 business days. This immediate validation helped detect fraudulent applications up front, keep collateral on the lot, reduce repossession-related costs, and quickly provide lenders with proof of income to streamline loan approvals and improve the customer experience.
Shaun Addison
Finance Administrator