What's the difference between bank-based income analysis and employer verification?

Income Checker analyzes actual bank deposit data to estimate monthly income—what money actually arrived in the applicant's account. Truework contacts employers to confirm job title, salary, and employment dates. Bank data is faster, covers self-employed income, and creates zero FCRA obligations.

Do I take on FCRA compliance by using Income Checker?

No. Income Checker is not a Consumer Reporting Agency. We provide transaction-based income analysis only. Zero adverse action requirements, zero dispute procedures, zero permissible purpose obligations. You use the analysis to inform your own decision.

How does Income Checker handle self-employed or gig worker applicants?

This is where bank-based verification shines. We see actual deposits—Uber payouts, freelance invoices, business revenue—regardless of source. Truework relies on an employer database that self-employed people simply aren't in.

How much does Income Checker cost vs. Truework?

Income Checker: $14.99 per verification, or $59/month for 10 included. Truework: enterprise pricing starting around $1,000-3,000+ per month. For a small landlord doing 5-10 checks monthly, that's $75-150 vs. $1,000+.

Is bank data less trustworthy than employer verification?

Different strengths. Bank data shows actual money received—it's real-time and tamper-proof. Employer verification confirms reported salary and job title but misses side income, gig work, and recent changes. For income verification specifically, bank data gives a more complete picture.

Income Checker vs. Truework

Verify income in minutes from bank data—no employer callbacks needed

Truework contacts employers to confirm salary and job title. That process takes hours to days, fails entirely for self-employed applicants, and creates FCRA compliance obligations for landlords. Income Checker analyzes bank deposit patterns instead—results in minutes, works for any income source, zero regulatory burden.

Why Income Checker Wins

Minutes, Not Days

Truework depends on employer HR departments responding. That means hours to days of waiting. Income Checker pulls bank data through Plaid—reports are ready in under 60 seconds.

Works for Every Applicant

Truework can't verify self-employed tenants, gig workers, or freelancers—there's no employer to call. Income Checker analyzes actual bank deposits, so it works regardless of income source.

Zero FCRA Liability

Truework is a CRA. Landlords using it must follow FCRA rules: permissible purpose, adverse action notices, dispute procedures. Income Checker is transaction-based analysis—not a CRA, not FCRA-regulated.

Feature Comparison

Feature	Income Checker	Truework
Regulatory Status	NOT a CRA	Consumer Reporting Agency
What Gets Verified	Deposit patterns from bank data	Employment status from employer records
FCRA Compliance Required	No	Yes (full compliance)
Landlord Liability	Zero FCRA liability	Adverse action obligations
Data Source	Bank transactions (Plaid)	Employer HR + payroll records
Self-Employed Coverage	Full (any bank deposits)	None (no employer to contact)
Time to Results	Under 60 seconds	Hours to days
Starting Price	$14.99/verification	$1,000-3,000+/month (enterprise)

Frequently Asked Questions

Skip the Employer Callbacks. Verify from Bank Data.

Results in minutes. Works for self-employed applicants. No FCRA compliance required.

Start verifying applicants View sample report