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Compliance Solutions

Get control of compliance & avoid costly penalties

Compliance is a daunting task for any dealership, but the key to adhering to the Fair Credit Reporting Act (FCRA) and Equal Credit Opportunity Act (ECOA) regulations is consistency. 700Credit offers an array of products and services in a customized package for your dealership, all of which work to automate your compliance practices, keeping your dealership ready at all times for future audits.

Compliance Dashboard

Our Compliance Dashboard is a complete monitoring solution, that is unique in the industry and helps you manage and stay on top of credit reporting and compliance from one single view.

This dashboard closely monitors your efforts to ensure compliance processes are being followed. We support both single and multi-rooftop views, ensuring you have your finger on the pulse of every compliance concern in your business. Items supported on the dashboard include:

  • Adverse Action Notices
  • Risk-based Pricing Notices
  • OFAC Search
  • Red Flag ID
  • Privacy Notices
  • Out of Wallet Questions

Our dashboard also includes lead and compliance information for:

Image of Compliance Dashboard.  The Compliance Dashboard shows all the analytics and information a dealership needs to ensure their sales are meeting compliance standards and goals.

What our Customers are Saying


Johnnie Walker RV’s has been working with 700Credit for many years; not only using them as a credit bureau source but also having them as our Compliance Advisors. In this industry, it is difficult to get companies to be as dependable as 700Credit and their entire team. They do an excellent job and their time management to get issues resolved is remarkable. I feel the best part of working with 700Credit is their communication skills with our team. All inquiries or issues are handled with clarity and always in a timely manner. The pricing on products that we use with them is very competitive and the service you get is worth every penny! If you are considering 700Credit for your credit or compliance needs, I promise you will be happy with the service you receive.

Darcy Walker Fitch
Johnnie Walker RV's

Compliance Requirements

Adverse Action Notices

Dealerships are considered creditors and are responsible for providing Adverse Action notices to customers that were not offered financing or consumers who were offered alternative financing but denied the offer. 700Credit has a solution that automatically keeps your dealership in compliance with Adverse Action obligations.

Risk-Based Pricing Notices

The Risk-Based Pricing Regulation affects dealerships whether or not they pull a credit report on their customers. The regulation is intended to improve the accuracy of credit information by alerting those consumers who may have negative information existing on their credit file. Consumers are provided their score, how their score ranks nationally and some educational information on how to obtain a copy of their report and what to do if they find inaccurate information.

OFAC Search

700Credit’s quick and easy OFAC solution screens your customers against the OFAC database with every transaction. If a match occurs, 700Credit will assist your dealership employees with the necessary steps to remain compliant with the federal government’s regulations.

Red Flag ID

Our Red Flag ID solution is customizable for your dealership’s specific needs and provides a total solution to satisfy all Red Flag requirements. This is an automated solution that shows results directly within the credit report. Available with every potential Red Flag alert, 700Credit provides a list of multiple choice “out of wallet” questions that an identity thief would have a hard time answering, allowing you to validate identity without the consumer leaving the dealership.

Privacy Notices

Dealerships are required by law to provide every consumer with a copy of their privacy policy. Our platform makes it quick and easy to comply.

Out of Wallet Questions

Out of Wallet (OOW) questions are designed to speed the verification process and keep your customers in your store. When a Red Flag alert occurs, your dealership must validate the person’s identity. If you ask an applicant for additional forms of identity and address verification and they have to leave the store, you risk them not coming back.

  • Available – OOW questions are available instantly and available for every applicant processed through our 700Dealer platform or through our affiliate partner’s platform
  • Added Security – Multiple choice questions that would be hard for an identity thief to answer
  • Instant Verification – If the customer answers the majority of the questions correctly, their identity is verified and the alert is automatically resolved, allowing you to proceed with the transaction
See the Webinar

Ready to get control of compliance?

700Credit stands ready to help your dealership succeed. Fill out our questionnaire and a member of our team will reach out to you shortly.


It is very gratifying for Rydell to be supported in business by a reliable system and trustworthy ally when it comes to ID Verifications, Synthetic Identity, Red Flag, and Consumer Alerts in preventing Fraud and Identity theft. This program helps companies like us minimize risk, eliminate losses, upsurge credibility, and at all times ready for Credit Reporting Audit and most important of all always in compliance with the Law.

Maria Saavedra
Rydell Group
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