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MagiLoop has integrated the 700Credit credit reports, compliance and soft pull prequalification solutions into their platform. When a consumer is on the dealer website, they can click on the Get Preapproved button/link, enter their information, provide consent to have either a soft or hard pull run to see if they qualify for a loan.
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 Magiloop so dealers can pull credit reports and receive the following information with every report pulled:
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