TFS
Toyota has integrated the 700Credit hard credit pull platform and the ID Validation solution (Driver’s License Authentication) into the Toyota Financial Services platform. Dealers can now pull credit and validate a shoppers driver’s license at the beginning of the sales process to work a smarter, safer deal, faster.
Smartpath
Toyota SmarthPath has integrated the 700Credit Soft Pull Prequalification solution (QuickQualify Integration) into the digital retailing platform. QuickQualify is a powerful “call-to-action” for your dealership website and for front-of-store applications, including kiosks, tablets and QR codes. Prequalified leads have proven to close 30-40% higher than standard leads.
Thank you for your interest in 700Credit. Please fill out the form and someone will be in contact with you shortly.
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 SmartPath so dealers can 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.
Driver’s License Authentication
QuickScan from 700Credit is a powerful mobile document authentication platform that provides dealerships real-time confirmation of the legitimacy of a customer’s driver’s license and identity. Although it can be used in-store, it is particularly helpful when used to verify the identities of online car buyers and leads to stop fraud at the top of the sales funnel.
Feature’s Include:
- Driver’s License/Document Verification
- Selfie Verification/Liveliness Detection
- Front/Back Driver’s License Validation
- Device Verification
- Synthetic ID Fraud Detection
- Identity Verification Check, Red Flags OFAC
This application requires only the consumer’s name and address (no SSN or DOB) and has no impact on their credit file. In return, dealers are provided with a FICO score and full credit report. Your sales team will be empowered with the data they need to discuss qualified payment options based on current lender rates – leading to better customer conversations and experiences, and ultimately increased sales
Credit Data provided includes:
- FICO Score
- Summary of Auto Trade Lines including:
- Current Monthly Payments
- Current Auto Loan Interest Rates
- Remaining Balance/Payoff Payment History
- Months Remaining on Auto Loans
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