We have the unenviable responsibility to share an update related to a second change Equifax has instituted related to the use of The Work Number ™ (TWN). In addition to the price increase in effect 9/4/23, Equifax now requires additional credentialing and an onsite inspection that may be completed virtually. The requirement is effective immediately and the cost of this inspection is $58.95. This is strictly a pass-through fee and Asurint receives no benefit from this cost. The fee only applies to newly added locations where TWN will be accessed in the efforts to fulfill the employment verification.
We recognize how changes in process are difficult for your business and understand it adds financial and operational burden. After exhaustive discussions on behalf of our clients, Equifax continues to push universal price increases and process updates to their verifications products.
Asurint is committed to helping you balance the needs of your business with your financial spend. As a reminder, Asurint does support other options for employment verification, such as going directly to the employer or working with your candidates to obtain employment verification documents. If your organization would like to discuss modifying your verifications approach to mitigate costs, please reach out to your Asurint Account Manager or Client Support team at support@asurint.com or 1-800-906-1674.
Again, we encourage you to reach out to your Equifax representative and tell them how these price increases and change in process negatively impact your business.