Streamlining the financing process to faster funding.
Southfield, Michigan – March 20, 2018 – 700 Credit, LLC, the auto industry’s leader in providing credit reports, compliance solutions and soft-pull products and services, today announced enhanced integration of their credit and compliance platform with CU Direct’s new CUDL lending platform. CU Direct, a provider of lending software technology and automotive solutions for credit unions, released the redesigned platform in 2017 specifically with dealers in mind. Additional integration between 700Credit and CUDL includes the ability for 700Credit to push data into the CUDL platform.
The new CUDL platform empowers dealers to sell more cars, with an improved interface and simpler navigation. The platform has been enhanced to make it easier than ever for dealers to access pre-approvals, get instant decisions on applications and receive faster funding.
“Integration with the new CUDL platform is a natural progression to our long partnership with CU Direct,” said Ken Hill, Managing Director of 700Credit. “We have been partners for many years and truly appreciate the relationship. The integration between the new CUDL platform and our credit and compliance solutions provide dealers with a seamless workflow and quicker deal close. As a result, dealers now have a solution that provides true two-way integration capabilities, eliminating double entry of customer data, and further streamlining the entire application process for both dealers and credit unions using the CUDL.”
The 700Credit integration also includes the ability to push application and deal data into CUDL, which allows dealers to pull in 700Credit’s integration partners and push data into CUDL as well.
“Our continued partnership with 700Credit, including the recent integration of their credit and compliance platform with our new CUDL platform, provides dealers with a true best-in-class lending system”, notes Evan Etheridge, vice president of product management.
700Credit is the automotive industry’s leading provider of credit reports, compliance products and prescreen services. The company’s product and service offering includes credit reports, dealer-facing prescreen and consumer-facing pre-qualification platforms, OFAC compliance, Red Flag solutions, score disclosure notices, adverse action notices and more. 700Credit’s goal is to provide its clients with the highest quality data in a compliant framework in the most efficient manner possible. For more information about 700Credit, visit www.700credit.com.
About CU Direct
For more than twenty years, CU Direct has been a lending technology leader, helping credit unions fund $213 billion in loans. More than 1,100 credit unions rely on CU Direct’s solutions to generate loans, create efficiencies, and grow membership. From CUDL, the industry’s number one auto lending platform, to the industry’s revolutionary Lending 360 Loan Origination System, and Lending Insights dynamic analytic tools, CU Direct develops the technology that helps credit unions advance their lending programs and overall portfolio success. 14,000 auto dealers nationwide use CU Direct’s automotive solutions to connect with credit unions and their members to drive sales and increase their bottom lines. For more information, visit www.cudirect.com. Connect with CU Direct on Twitter and LinkedIn.