It’s that time again! NADA is almost here and CBC has been extremely busy throughout 2019. Check out some highlights below and then come by and see us at booth 6002N and get the whole scoop. We look forward to seeing you.
| Synthetic identity detection coupled with the industry’s most advanced identity authentication process protects your business’ bottom line by determining if a new applicant is likely associated with synthetic identity fraud, consumer ID theft, and other Red Flags. Read a captivating article featuring CBC – F&I Showroom Synthetic Fraud |
| If you use one of Credit Bureau Connection’s online web applications you may have noticed the wheelchair icon at the bottom right of the application. CBC is the only credit reseller that is fully Americans with Disabilities Act (ADA) compliant on all online web applications. |
| Automated Income Check (AIC) immediately provides the critical insight you need to swiftly keep deals on track, delivering more than the customer’s last paycheck or hourly rate. You get several critical data fields that provide you with more detailed employment and income information, such as employer name, annual income, and job tenure. Best of all, you can get it delivered with any CBC credit report. |
| Online web application or in-house first step full-file prequalification reports without the requirement to provide a firm offer of credit. All bureaus return a true FICO credit score model. Pull one, two, or three prequalification reports simultaneously. |
| CBC’s Red Flag Review Dashboard provides compliance management real-time access to Red Flags that need to be reviewed, verified, or corrected. If there are Red Flags, OFAC, synthetic identity detection, fraud, or other discrepancies on an applicant, an authorized user can review, modify, pass or fail an applicant. An email alert is immediately sent to the responsible dealership personnel requesting action to be taken and corrected. |
| Eliminate human error Eliminate extra labor costs First-class mail delivery RBPN letters mailed daily RBPN sent only if not produced No long term contract or set up fees Monthly summary report of all letters sent AA/RBPN letter copies stored in the eVault Eliminate the tedious task of sorting through deal jackets AA letters sent twice monthly on or around the 10th and 25th Set AA criteria by deal status, maximum credit score, or all |
| Remember when Liens and Judgments returned information in the credit report about public record filings on individuals to help uncover civil court filings during the credit review process? You can once again get Liens and Judgments data in your credit report, only available from Credit Bureau Connection. |
| COMPLIANCE DELIVERED WITHIN the CREDIT REPORT Red Flags Rule check powered by CBC’s robust identity verification tools Multiple choice Out-of-Wallet questions Simple PASS/FAIL Red Flags indicator Synthetic Fraud Indicator OFAC check with “clear” feature Military Lending Act qualified buyer check Adverse Action notice processing Risk-Based Pricing notice with bar graph and signature line |
| INSTANT VEHICLE INFORMATION from PLATE to VIN Online Digital Retail Applications Convert Between VIN, License Plate, and State Data Simplify the Trade-in Process with just a License Plate |
| CBC’s eClear Credit Risk Report “alternative data” credit report is designed for buy-here-pay-here dealers and automotive lenders in the sub-prime space. Powered by Clarity Services’ massive consumer database, you can now receive valuable insight into the creditworthiness and risk level of your buyers based on data not delivered with traditional credit reports. This enhanced consumer assessment will allow BHPH, independent dealers and lenders to recognize potential risk prior to contracting a high-risk, bad payer. |
Great content! Super high-quality! Keep it up! 🙂