June 2018 Newsletter

 

 


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Credit, Compliance, Prescreen 
& Consumer Pre-qualification Solutions 

In this edition: 
  • 700Credit Welcomes AutoXplorer to the Affiliate Family
  • Affiliate Spotlight:  DealerBuilt
  • 700Credit Educational Webinar Series
  • Driving Sales Contest – Win $100 Amazon Gift Card
  • Where to Find Us Next
  • Save the Date:  2019 Inaugural Dealer Summit

 

700Credit Welcomes AutoXplorer to the Affiliate Family

700Credit is pleased to welcome AutoXplorer to our affiliate family!  AutoXplorer was founded in 1996 to help the pre-owned and independent car dealerships manage their day to day operations with a state of the art DMS.

The AutoXplorer DMS includes: inventory management, deal structure, a QuickBook interface, in-house financing, management reports, website and third-party integration, follow-up desk, prospect desk and form printing. We have seamlessly integrated our credit and compliance solutions into the AutoXplorer DMS so dealers can pull credit from all three bureaus without toggling between systems.

In addition to the AutoXplorer DMS, they offer web-based products and services for used and independent auto dealers including: advertising, SEO services, websites and WebXplorer, software that allows you upload your inventory to your website and third-party paid and free vendors.

Currently AutoXplorer has over 1,500 customers in over 35 different states. For more information visit:  www.autoxplorer.com.

 

AFFILIATE SPOTLIGHT:  DealerBuilt

DealerBuilt is the provider of the LightYear Dealer Management Systems for retail automobile dealerships. DealerBuilt’s integrated LightYear DMS has proven to be an effective solution for the operation of successful dealers and groups of all sizes nationwide.

DealerBuilt has been in the DMS business for decades, and a partner of 700Credit for many years.  With their flagship LightYear DMS, dealers can seamlessly pull credit, compliance and prescreen customers from directly with the platform. This tight integration is designed to provide the industry’s most automated workflow for all of your credit and compliance needs providing a superior user experience and a quicker sales process.

For more information on the DealerBuilt platform, go to www.dealerbuilt.com to learn more.

 

The Benefits of Multi-Bureau Pulls
June 5th and 7th 


Last quarter we kicked off our new Educational Webinar Series with our first topic:  How to Read a Credit Report.  The response and participation was overwhelming – thank you to all who joined!   

Our second quarter webinar is scheduled for June 5 & 7.  The topic is “The Benefits of Multi-Bureau Pulls: Fund the Best Deal for your Customers”.  Recent studies have proven that dealers who pull more than one credit score on consumers have higher closing ratios and gross profits than dealers who pull only one score. In a recent study 55% of applicants with 2 credit bureaus pulled have risk scores that vary by more than 20 points, and the variance increases to over 30 points when all three scores are pulled. This implies the possibility of your customers qualifying for better rates on the majority of your deals!

In this session, we will discuss the statistics and walk through real-life testimonials of how dealer’s like yourself have greatly benefited from pulling multiple bureaus during the funding process.  We will also discuss how you can make multi-bureau pulls work for you.

Click Here to Register

We are offering a 60-day free trial for our existing credit customers!  If you are currently pull one credit bureau, we will offer the other two at no additional cost for 60 days. If you are pulling two bureaus, we will offer the third at no cost.

Click Here to Sign Up Now
 

Upcoming Webinars in Series:

Soft-Pull Solutions – September 4th & 6th 

Are You Ready for a Compliance Audit? – December 4th & 6th 

 



We Value Your Opinion – DrivingSales.com

700Credit is excited to announce we are now on DrivingSales.com! The DrivingSales online community provides round the clock collaboration and support for dealers looking to hone in on performance and achieve great results with the software they are using.  Dealership employees ask questions, get expert opinions, stay current on dealership news and leverage mass wisdom in our vendor ratings platform. 

The website also acts as a portal for software and service providers to solicit vendor ratings and feedback from their customers in a communal and anonymous way.  This is where you come in: now that we are on the drivingsales.com, we invite you to visit our page – https://drivingsales.com/700credit# – to leave your rating and comments on our products and services.  If you take a screen shot of your rating/review and send it to inquiries@700Credit.com you will be entered to win a $100 Amazon Gift Card!

Thanks in advance for your review.

 

Where to Find Us Next:
June 18 – 21  – NIADA NABD Conference

June 24 – 26  – Women in Automotive – Orlando, FL 

 

 

Mark Your Calendars! 
Dealer Summit Scheduled for March 11-13, 2019 in Henderson, NV!
700Credit is very pleased to announce the official date and location of our very first Dealer Summit!  The Green Valley Ranch in Henderson, NV, just a few minutes from the Las Vegas Strip will host our clients, partners, affiliates and the 700Credit team as we gather in the desert for 2 days filled with great content and networking. 

Please check out our website (www.700credit.com/dealersummit) to learn more.  We will continually update this page as we work out the details and secure our sponsors and partners for the event. Hope to see you there!
Click Here to Learn More
 
 

 

 


 

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