The headlines today tell the story – identity theft and fraud committed in the industry has topped one billion dollars – and continues to rise. Threats are coming at dealerships from multiple directions. 700Credit is here to protect your store and stop fraud in its tracks through Identity Verification, Synthetic ID Fraud, and both Mobile and In-Store Driver’s License Authentication.
FREE 30-Day Trial
QuickScan from 700Credit is a powerful mobile document scanner that provides dealerships real-time confirmation of the legitimacy of a customer’s driver’s license and identity. It can be used with both in-store and remote customers.
To take advantage of our free trial of QuickScan, complete the contact form to speak with a rep.
Explore more of 700Credit’s main product groups below.
Identity Verification
Soft Pulls
The term “soft pull” refers to an action where a marketing inquiry/soft inquiry is made on a consumer’s credit file using name and address only. Soft-pull solutions do not require a customer’s SSN or DOB, and have no impact on a customer’s credit profile. We have several soft-pull solutions to choose from, to help you engage consumers and speed the sales process.
Credit
700Credit is the largest authorized reseller of credit reports from Equifax, Experian and TransUnion. Credit Reports contain information from credit grantors, courts, and collection agencies regarding the historical loans by the consumer. They also include Scores (FICO® and Vantage), and public records such as judgments, liens, and bankruptcies, and may include previous employers, addresses and other names used.
Compliance
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. In addition to our complete Compliance Dashboard, we offer Identity Verification and Synthetic ID protection solutions.
Would you like to know more about one of our products? Please enter your contact information below to start a conversation with one of our sales representatives.
Why partner with 700Credit?
Easiest, most automated credit and compliance workflow in the industry
Access to all three bureaus
One-stop to monitor and manage your compliance obligations
24/7/365 Support Desk