Credit and Compliance Solutions

700Credit is the largest provider of credit, compliance, and soft-pull solutions to automotive, RV, Powersports, and Marine dealers across the country and the leading authorized reseller of credit reports from Equifax, Experian, and TransUnion.

700Credit is seamlessly integrated with the top DMS platforms so dealers can easily pull credit reports and receive the following information with every report pulled:

• All 700Credit clients receive their choice of credit report format and score.
• Identity Verification/Red Flag platform which provides a vital service by flagging application information that on the surface may seem true, but in reality, is questionable. These warning messages focus on high-risk applicants, social security numbers, and addresses.
• Tabs for each credit report pulled, and Risk Based Pricing and Adverse Action notices (if applicable)
• Link to the Compliance Dashboard which enables dealers to stay on top of and manage credit reporting and compliance from one single view.

Prescreen Integration

Prescreen is a soft-pull solution that provides visibility into your customer’s credit profile earlier in the sales process, and does not require their SSN or DOB. Our prescreen solution, QuickScreen can be used in several applications within your dealership:

Benefits of Prescreen Integration

• Expand your dealership’s SERVICE LANE sales opportunities, by filling in the gaps on customers who did not purchase the vehicle at your store. Prescreen data provides FICO score and amount owed on the vehicle which allows equity and payment estimates to be calculated accurately
• Saves time and can potentially shorten the sales cycle by enabling you to work the right deal sooner in the sales process with the proper interest rate and a payment the customer can afford before a hard pull is done
• Customers can know what they can qualify before they get to the finance office, preventing a potentially uncomfortable situation or loss of interest
• Helps to prioritize leads from all inbound sources by identifying your best opportunities based on credit profile
• Identify opportunities to upsell in the service lane
• Improves closing ratios
• Helps hold deal gross