We all know that consumer credit plays a critical role in the auto sales business. Running a credit report as soon as possible on potential customers allows you to quickly assess the type of financing you will need to obtain for the customer, saving you time and energy later on.
We also know that the credit application and credit reports go hand in hand – that’s why RouteOne offers you the ability to run a bureau directly from within the credit application on our platform. You can enter the bureau information first, before starting the app, and that information will pre-populate a credit application for that consumer, eliminating duplicate entry and increasing your selling time. Or, enter the app first and then run the report – the credit report request will be automatically populated with the customer data. It’s a win-win!
Additionally, when you run bureaus within RouteOne, credit score disclosure and/or adverse action notices will be pre-populated with that customer data – saving you valuable time and eliminating the risk for errors.
And imagine this – you meet a customer on the lot but sense he’s not yet committed to sitting down and running numbers, much less purchasing a vehicle. No problem! You can pull reports through your mobile devices such as the Android, iPhone, and iPad. Collect that customer’s information and run their credit report in the palm of your hand – no need for office time or lengthy paperwork – more time saved!
It doesn’t matter, either, which bureaus you are affiliated with - you can access virtually any credit bureau source through RouteOne by obtaining dealership account credentials, or codes, from your credit bureau service provider. You can then enter the codes into RouteOne and begin running bureaus immediately!
When you run bureaus through RouteOne, you can process and store the reports AND applications within the same system, which is not only efficient – it’s smart. We’re integrated with ADPs Credit Check and other resellers. We also provide access to the three credit reporting agencies – Equifax, Experian, and TransUnion. And credit reports are stored for 60 days within RouteOne – even longer if you’re a subscriber to our electronic document storage tool, SecureDocOne.
Get started today. Visit our website to learn more here, or contact the RouteOne Customer Support team at 866.933.0663 for more information. Thank you for your business!