FARMINGTON HILLS, Mich. — RouteOne LLC announced further enhancements to the Adverse Action compliance functionality within its Web-based credit application management system.

The new functionality, which is provided free of charge, will allow dealers to search for applications that may require Adverse Action notices, and automatically create an Adverse Action notice for those applicants. RouteOne will automatically populate the letter, generated as a portable document file (.pdf) within the system, with the appropriate customer information, at which time the notice is ready for immediate editing, printing and mailing by the dealer. Future enhancements are also being considered.

Growing regulatory concerns regarding fair credit practices are necessitating dealers' distribution of Adverse Action notices to consumer applicants who have been denied credit when applying for vehicle financing or leasing in certain situations. RouteOne's current functionality includes free access to a portion of NADA's guide on Adverse Action, which offers direction to dealers on when Adverse Action notices should be published.

"The Adverse Action notice functionality within RouteOne will assist dealers with complying in the increasingly complex regulatory environment," said RouteOne CEO Mike Jurecki. "We want to make it easy and inexpensive for dealers to keep up with federal requirements so they may focus on selling cars. Our Adverse Action functionality allows them to do just that."

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