Dealers can protect their most valuable assets through RouteOne’s IDOne solution each time a credit report is pulled
Farmington Hill, Michigan – April 2, 2019 – 700 Credit, LLC, the automotive industry’s leading provider of credit reports, compliance solutions, prescreen, and consumer pre-qualification products and services, is now integrated within RouteOne’s IDOne solution, a full-service identity verification tool that helps manage compliance tasks and fits seamlessly into a dealer’s everyday workflow.
IDOne from RouteOne makes it easy to help protect a dealership by validating a customer’s identity and pinpointing potential fraud every time a credit report is pulled within the RouteOne platform. IDOne uses multiple databases in the verification process to identify discrepancies and will automatically generate an authentication quiz in real-time if identity is not initially verified.
“Identity verification is a critical component of the funding process today given the steep uptick in various types of fraud and identity theft,” said Ken Hill, Managing Director of 700Credit. “Connecting with RouteOne to provide IDOne enables dealers to have the peace of mind every time they pull credit that if the consumer is attempting a fraudulent purchase – or some information does not match up – our solution will flag the process and ask for more identifiable information before the transaction can proceed.”
“RouteOne is proud to offer a robust set of tools to dealers that helps them manage their daily compliance activities,” said Amanda George, Senior Vice President, Product, RouteOne. “Welcoming 700Credit to our identity verification solutions further enhances our product offering.”
For more information on the integration, contact: 866-273-3848.
700Credit is the automotive industry’s leading provider of credit reports, compliance products and prescreen services. The company’s product and service offerings include: credit reports, dealer-facing prescreen and consumer-facing pre-qualification platforms, OFAC compliance, ID Verification solutions, Synthetic Fraud detection, MLA, 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.
RouteOne was formed in 2002 by Ally Financial, Ford Motor Credit Company, TD Auto Finance, and Toyota Financial Services to improve the F&I process for automobile dealers and their customers. Connecting thousands of dealers and finance sources in North America for vehicle financing, RouteOne’s platform delivers a comprehensive suite of F&I solutions across multiple channels: in-store, online, mobile, and via third-party solutions. Its product line-up includes credit application, eContracting, menu, online/mobile retail services, and compliance. In addition, RouteOne enables dealer choice across a wide variety of best-in-class providers through open integrations with over 170 DSPs. More information is available at www.routeone.com.