PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: NCS, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

The National Credit-reporting System, Inc. Announces Electronic Income Validation Improvements - Improved income validation resources help lenders evaluate consumer's debt capacity. NCS' web interface and client system fully compatible to render IRS expanded services - NCSTRV.com
The National Credit-reporting System, Inc. Announces Electronic Income Validation Improvements

 

NewswireToday - /newswire/ - Egg Harbor City, NJ, United States, 2008/01/02 - Improved income validation resources help lenders evaluate consumer's debt capacity. NCS' web interface and client system fully compatible to render IRS expanded services - NCSTRV.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The National Credit-reporting System, Inc. (NCS), a risk mitigation leader retailing its TRV ® branded risk mitigation services through 150 plus credit reporting agencies throughout the United States, announced today the introduction of improved income validation as a result of expanded services from the federal Internal Revenue Service.

According to NCS President and CEO Bob Knuth, the improvements will begin in February 2008 and are specific to the IRS Account Transcript and Record of Account Transcript. "NCS' client system, ‘NCS Core’, is readied to provide these new transcripts through our Alliance Partner network without retooling by NCS, its partners or end-users," said Knuth.

Additional transcripts needed in current lending markets

In the announcement, NCS describes the Record of Account transcript as a combination of tax return line item information and later adjustments to the taxpayer's account with the IRS. The Account Transcript content is described as information on the financial status of the taxpayer's account, such as payments made on the account, penalty assessments, and adjustments made by the Taxpayer or the IRS after the tax return was filed.

"Considering the levels of misrepresentations and fraud facing mortgage lenders and other benefit providers, these improved services are a welcome addition to the other IRS tax return, 1099 and W2 information available through NCS," noted Knuth. "Additionally, in response to the national consumer affordability issues intensified by subprime loans, lenders are committed to improve the way they evaluate a borrower's capacity to handle new debt. NCS assists lenders to meet their commitment by delivering income information provided by the IRS in a highly secure manner that is regulatory compliant, interface compatible and easy to use."

About NCS

NCS, Inc. (NCSTRV.com) is a leader in the risk mitigation sector with the distinction of being the first organization in 1994 to offer IRS & SSA income and ID verification nationwide. Since 1987, NCS has offered advanced quality products and services to professionals in and outside the mortgage industry with the customer service mantra of, "beyond the expected (sm)."

NCS and its credit reporting affiliate NCS/Credit Central, Inc. are headquartered in Egg Harbor City, NJ. For further information on NCS and the TRV ® Alliance of 150 plus credit reporting partners, call 800-582-7066, or visit NCS’ website.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: NCS, Inc.

 
 

Availability: All Metropolitan Area

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


The National Credit-reporting System, Inc. Announces Electronic Income Validation Improvements

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Curtis Knuth - NCSTRV.com 
800-582-7066 cknuth[.]ncstrv.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any NCS, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From NCS, Inc. / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

FinTech Start-ups Disrupt Business Models, Customer Engagement and Financial Services Delivery in Europe Finds Frost & Sullivan
Elite Capital & Co. Limited Signs Deal with ACB Investments Holding
LexisNexis® Business Insight Solutions Expands Risk Management Portfolio with New Risk Media Monitoring Solution
GE to Sell Shares in Hyundai Card Co. to Hyundai Commercial, Affinity Equity Partners and Other Investors
Societe Generale Named Best Trade Finance Provider in Western Europe and Emerging Markets by Global Finance
Frost & Sullivan Sees Strong IPO Momentum on ASX in 2017 - Strengthens Independent Market Research for IPO's team in Australia
LexisNexis Integrates Lexis Search Advantage with Lexis Practice Advisor
LexisNexis Wins Best Search Project of 2016 for Search Term Maps
TRA Hires Grant Livingston As Regional Sales Consultant
FTI Intelligence Adapts Subscription-Based Service
Chinese Language Website of Dubai’s Award-winning Al Rowaad Advocates & Legal Consultants Launched
FTI Consulting Ranked as the Leading Dispute Advisory Provider by ALM Intelligence
ALM’s Legaltech News Shifts Print Strategy
FTI Consulting Bolsters Energy, Power & Products Industry Expertise in Houston and Dallas
The Retirement Advantage, Inc. Completes Acquisition of Benefit Planning & Administration, Inc.

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)