Exciting News: SharperLending is Enhancing UDM Integration with Equifax


We are excited to announce an upcoming enhancement to our Undisclosed Debt MonitoringTM integration with Equifax. We are working closely with Equifax to upgrade the UDMTM product to v2.0, bringing you significant improvements and new capabilities.

Equifax UDMTM v2.0 Coming Soon!
Get ready for instant UDM triggering and expanded alerts with the v2.0 upgrade. This upgrade will provide: 
  • Instant enabling of files for monitoring
  • Alerts returned the next day (within 24 hours or less)
  • Monitoring of a broader range of debt types
  • A more robust and reliable system
Here are the types of activities that will trigger alerts in v2.0:
  • Balance change alerts
  • New trade alerts
  • Alerts for trades headed for collections
  • New public record alerts
  • Payment amount change alerts
  • New collection alerts
  • New bankruptcy alerts
  • New inquiry alerts
You will have the flexibility to choose and enable the specific triggers that best suit your needs by contacting your Equifax representative.

What can you do to prepare?
While production availability is still a few weeks away, we recommend that you reach out to your Equifax representative and learn more about the additional alert triggers. If you are not offering the EFX UDM product yet, now is a great time to get started!

We will provide more detailed information about this exciting new offering in the coming weeks.