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Is your Dealership ready for the Safeguards Update?
Deadline for preparation is coming up! June 9th, 2023.
For more information on our Safeguard’s solution, please fill out the form to the left.
By now you have heard that the Federal Trade Commission (FTC) has significantly strengthened the Safeguards Rule with new technical and procedural requirements designed to enhance data security requirements and to protect sensitive customer information.
The updated FTC Safeguards Rule sets forth very specific requirements and processes that must be followed, and there are stiff penalties for non-compliance. The FTC has also made clear that “automobile dealerships” must comply. To ensure compliance with the Rule’s requirements by the deadlines, your dealership must take steps now.
700Credit has teamed up with ComplyNet to provide a comprehensive package that will fully prepare your dealership for the June 9th, 2023 deadline.
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