ActivEngage Adds Financial Qualification Feature to Omnichannel Communications Solution for Car Dealers
As the automotive industry continues to shift towards digital retailing, the new integration offers car dealers the opportunity to leverage technology and real-time conversations, which starts the financial steps of the car buying process before consumers step into a dealership.
The Case for Alternative Credit Data
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.
Tax Lien, Civil Judgment Data Could be Removed From Credit Scores; Decision Shines Light on Need for Accurate Reporting From the Legal System
Earlier this month, Experian, Equifax and TransUnion announced they will remove some tax lien and civil judgment data from credit reports starting around July 1.
Credit Information Emerges as Important Informational Tool to Drive Incremental Sales
The auto industry has done well the past eight years. Since bottoming out at approximately 10.4 million in new vehicle sales in 2009, the industry has attained an average annual growth rate of 7.6 percent for new vehicle sales. The near-decade momentum, which culminated in approximately 17.46 million new vehicle sales in 2017, meant growth came much easier than normal for most automotive retailers.
Are You Ready for a Compliance Audit?
Is your dealership’s compliance program ready for a government audit? What must your dealership have in place for Red Flag, Adverse Action and RBPN?
Podcast: The Role of Credit and Compliance
Ken Hill of 700Credit speaks with us about the role of credit and compliance in the modern dealership.