The right pre-qualification tools will help dealers match the right customer with the right vehicle, early on in the sales process.
Alarming Number of Dealers Are Still Not Ready for This Year’s Safeguards Rule — Here’s What to Know
The ruling oversees how financial institutions protect consumer data, and dealerships must implement changes to protect their consumer data.
Many dealers continue to ponder the right digital retail strategy, and it is becoming clear that an omni-channel approach is the best approach.
By introducing readily available technologies into the online and in-store workflows, dealers can save themselves a lot of headaches.
Dealers need to implement what’s now considered everyday technology that can help them spot synthetic identity fraud before it happens.
Gain a competitive edge by leveraging the data and resources of the service lane.
Dealers need to implement technology that can help them spot synthetic identity fraud before it happens.
Soft pulls can strengthen consumer confidence and trust in making the right decision.
Mobile and ID scan technologies, now widely used in online banking, could help dealers during online transactions.
Did you know that the average difference between a typical lender credit tier is less than 30 points? More importantly, there is only a 96-point spread between a top credit tier (excellent credit) to a lower tier (credit challenged).
The point spread between credit bureaus can range from minimal (5-10 points) to well over 100 points. The average spread is between 40 to 50 points. So why do credit scores vary between bureaus?
The American Dream used to be universally understood. Get a good job, buy a nice house and raise a family. But, times are changing and the American Dream is going through an evolution.