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Credit Applications

DealerTrack Credit Application Network Reaches 1,000 Lenders

DealerTrack Holdings Inc. today announced that the number of active lenders connected to its DealerTrack credit application network has reached 1,000 U.S. lenders.

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DealerTrack Tool Enables Pre-Qualification of Financing Through Dealer Websites

DealerTrack Inc., a subsidiary of DealerTrack Holdings Inc., an automotive software provider, introduced a new tool within its CreditOnline solution for dealerships' Websites.

Open Dealer Exchange Partners With PowerBand Global

Open Dealer Exchange LLC has partnered with Burlington, Ontario-based PowerBand Global Inc., a provider of vehicle acquisition and disposal services as well as a finance portal.

Exeter Finance Partners With Open Dealer Exchange

Open Dealer Exchange LLC has partnered with Irving, Texas-based Exeter Finance Corp., a specialty auto finance company, allowing credit application integration directly within the dealership management system (DMS).

Open Dealer Exchange Partners With Teledata Communications

Open Dealer Exchange LLC formed an agreement with Hauppauge, New York-based Teledata Communications Inc. (TCI) to provide direct integration services with the loan origination system (LOS) provider’s DecisionLender solution.

Subprime’s New Breed

Fallout from the mortgage crisis has created a new breed of subprime customers. They’re not accustomed to the special finance process, but they need financing. Are you prepared to handle them?

Open Dealer Exchange Signs ACC

Automotive Credit Corporation (ACC) struck an agreement with Open Dealer Exchange LLC to provide a direct connection from a franchised dealership’s dealer management system (DMS) to ACC’s loan origination system.

Key Credit Index Says Weak Economy Heading in Right Direction

Although its key index remains above the expansion level, the National Association of Credit Management (NACM) said its December Credit Managers’ Index matched the mood of the economy as a whole – essentially flat.

Credit Platforms Revisited

Credit platforms revolutionized the F&I industry, connecting dealers to more finance sources than ever before. What’s next for these key F&I tools?

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A Dealer’s Guide to Compliant Paperwork

As most dealers know, paperwork can be a friend and foe. Compliance expert provides his guide for correcting 10 of the most common paperwork errors.

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