The master agent, which operates in 33 states, will distribute 700Credit’s credit reports, compliance and prescreen products and services.
The magazine’s compliance expert tackles some pervasive regulatory myths surrounding the F&I office.
CreditMiner, a pre-qualification solution for dealers, has added the VISOIQ database of consumer information to its suite of data offerings.
E-Credit Express has entered into an exclusive partnership with the National Credit Center to provide credit reporting services that reduce the instances of credit inquiries on an automotive consumer’s credit report.
The Consumer Financial Protection Bureau has received more than 677,000 consumer complaints as of August 1, according to the bureau’s monthly consumer complaints snapshot. The biggest increase was in credit reporting complaints.
Finance sources using the new Equifax Dimensions can see up to two years of detailed consumer credit activity, allowing them to make more precise and profitable lending decisions.
Consumers took full blame for their credit problems in a new poll conducted by the National Foundation for Credit Counseling. The organization responded with 12 steps consumers can follow to right their credit ship — advice dealers can pass along to their customers.
Only 5 percent of respondents to a financial literacy survey said they needed help understanding their credit report, yet a majority of adults have neither ordered their credit report or score in the last 12 months
Automotive Compliance Consultants (ACC) has launched a new credit reporting bureau service that enable dealers to download credit reports from Experian, TransUnion and Equifax from the company’s Compliant Solved web dashboard.
BankHunter has integrated with DealerTrack Inc. to improve loan accuracy and processing speed for vehicle purchasing.
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