Truv logo

Truv

Consumer-permissioned payroll and income/employment data API for lenders and banks.

-

Our Verdict

Credible challenger to The Work Number for income verification, though coverage gaps still force fallback flows.

Pros

  • Direct payroll connections bypass document uploads
  • Faster income verification than The Work Number
  • Consumer-permissioned, so privacy-friendly
  • Cheaper than Equifax for lender use cases

Cons

  • Coverage depends on payroll provider support
  • Fallback flows still needed for gig/1099 workers
  • Smaller brand than Plaid or Equifax in lending
  • Some employer payroll systems reject automation
Best for: Lenders and banks cutting verification costs and loan approval times Not for: Verifying income for gig workers or self-employed borrowers at scale

When to Use Truv

Good fit if you need

  • Consumer-permissioned payroll data for mortgage lenders
  • Employment and income verification via payroll API for banks
  • Direct deposit switching for financial wellness apps
  • Replacing VOE/VOI paper processes with API-based verification
  • Real-time payroll data for underwriting and credit decisions

Lock-in Assessment

Medium 3/5
Lock-in Score
3/5

Truv Pricing

Pricing Model
usage
Free Tier
No
Entry Price
Enterprise Available
No
Transparency Score

Beta — estimates may differ from actual pricing

1,000
1001K10K100K1M
10,000
1K10K100K1M10M

Estimated Monthly Cost

$25

Estimated Annual Cost

$300

Estimates are approximate and may not reflect current pricing. Always check the official pricing page.

Community Discussion

Comments powered by Giscus (GitHub Discussions). You need a GitHub account to comment.