Remember the days when it seemed like many dealerships didn’t pay attention to Adverse Action? In the past, dealers thought that banks would ‘take care of it.’ Today, dealers recognize that Adverse Action is their responsibility.
Due to popular demand, RouteOne will be presenting an Adverse Action webinar. While this webinar will not provide dealers any legal advice, it will feature a broad overview on the law, the required actions, and the RouteOne product solutions that can help keep your dealership in compliance.
Member(s) of RouteOne’s Legal Team will speak on Tuesday, August 14th, 2012 at 1:00pm EST. If you, like many dealerships, find the current regulatory environment surrounding Adverse Action to be confusing, I would strongly encourage you and your colleagues to participate in this webinar.
To register, please visit www.routeone.com/freewebinar
In addition, RouteOne will be offering two more webinars on:
- Security and Your Dealership, September 11th, 2012, 1pm EST
- Compliance: 2012 Summary and What Lies Ahead for 2013, November 13th, 2012, 1pm EST
Running credit reports inside of the RouteOne platform can optimize your sales process. Consider streamlining your F&I process by managing all of your consumer credit applications, credit reports, and compliance activities within RouteOne.
Some of the benefits of credit bureau integration with RouteOne include:
- Process and store credit reports and applications in the same system for maximum efficiency
- Integrated access to ADP’s Credit Check, Reynolds and Reynolds’ CoreLogic Credco, and other resellers
- Direct access to the three credit reporting agencies - Equifax, Experian, and TransUnion
- 60-day retention of credit reports pulled through RouteOne
- Credit Reports pre-fill the credit application for quick submission to designated finance sources
- Credit Reports pre-fill the credit score and consumer information on Credit Score Disclosure Notices (CSDN)
Who is your credit report provider and where do you run consumer credit reports?
You can access any credit bureau source through RouteOne by obtaining dealership account credentials (codes) from the credit bureau provider. Codes comprise a unique set of numbers and/or letters which provide your dealership with access to run credit bureaus. If you are unsure of your credit bureau codes, contact the company that invoices your store regarding credit bureau usage.
After you have received your credit report codes from the perspective supplier/vendor, you may enter the codes into the credit bureau setup in RouteOne. You will then be ready to view and run credit bureau reports – it is that easy!
Here is a list of consumer credit report providers for automotive dealerships:
TransUnion Client Services – (800) 730-0106
Experian – (800) 831-5614
Equifax – (800) 769-4073
CoreLogic Credco – (800) 694-1414
ADP Credit Check – (888) 424-6342
700 Credit – (866) 273-3858
NCC – (800) 709-7222
Pro Credit Express – (800) 942-0897
CSC Credit Services (800) 871-0196
For more information, contact the RouteOne Customer Support team at 833.933.0663 or customersupport@routeone.com.
