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VantageScore Solutions and FICO create credit-scoring models that use consumer credit data to generate credit scores — a three-digit number that predicts a consumer’s ability to repay a debt. But they use different methods to calculate scores, which may result in slight scoring differences.
There are times when I overhear industry conference participants moan about…
Automotive News October 2017
Doesn’t it make sense to offer your customers whom you have captured sensitive personal data, a way to protect them from future identity theft? So do we! While others are finding ways to take advantage of an already bad situation,… Continue readingCredit Bureau Connection (CBC) and Fraud Protection Network (FPN) Join Together to Provide Identity Theft Protection for Everyone
Long Term Record Retention In order for today’s automotive dealers to stay in compliance with all of the recent industry-specific regulations, they need to make sure that their document management strategies are in order. Credit Bureau Connection’s eVault long-term record… Continue readingCBC eVault
You’re Invited to Discover CBC’s eQualify Online! You are invited to a no obligation webinar introducing you to CBC’s eQualify Online. Learn what all the buzz is about. We know you’ve been wondering: What is a soft pull? What applicant… Continue readingYou’re Invited to Discover CBC’s eQualify Online! August 8, 2017 Register Today!
Are you aware that if you do not run an OFAC (Office of Foreign Assets Control) search on everyone you sell a car to (cash or finance) and they are found to be on the FBI’s list of known terrorists,… Continue readingCompliance Assessment Quiz
The Credit Reporting Agencies face significant risks if sensitive consumer information is not adequately protected by all parties. To address this, Experian created a security standard referred to as EI3PA. EI3PA is closely based on the Payment Card Industry Data Security Standard (PCI-DSS),… Continue readingWhat is EI3PA? Why does it matter?
Credit Bureau Connection (CBC) is the industry leader of credit report and compliance solutions, CBC provides a complete web-based front-end credit screening system tailored for franchise and independent automotive dealers, as well as integration with many of the industry’s leading… Continue readingCBC Products/Solutions
CBC has your MLA compliance solution ready and available today. The Department of Defense (DOD) issued a final rule amending the regulations of the Military Lending Act of 2006 (MLA) in 2015. The final rule expands specific protections provided to… Continue readingDepartment of Defense Issues Guidance on Military Lending Act