Dealers can present accurate funding offers earlier in the sales
process
FARMINGTON HILLS, Michigan,
July 9,
2024 /PRNewswire-PRWeb/ -- 700 Credit, LLC, the
vehicle industry's leading provider of credit reports, compliance
solutions, soft pull, identity verification and
fraud detection platforms, today announced an
alliance with Pre-Pair, an end-to-end desking
and F&I solution designed specifically for
RV dealers. Pre-Pair has integrated 700Credit's soft pull
prequalification toolset into their platform providing sales
managers their customers FICO® score, auto
tradeline summary and full prequalification
credit report. Pre-Pair utilizes the data to run through
their proprietary lender rules engine, so a deal can be structured
more accurately earlier in the sales process.
F&I managers can focus on closing the
deal, maximizing margins and providing an improved shopping &
buying experience.
"We are very excited about our new integration with Pre-Pair.
Prequalification data provided by the 700Credit soft pull solution
puts credit first in the sales process and provides consumers with
the right deal, from the right lender at the right rate. Which in
turn reduces the time it takes to fund a deal and sell a vehicle,"
said Ken Hill, Managing Director of
700Credit. "F&I managers can focus on closing the deal,
maximizing margins and providing an improved shopping & buying
experience."
"Pre-Pair is excited to partner with 700Credit to bring soft
pull prequalification capability to RV dealerships, allowing a
sales manager to collect a full bureau, run it through our lender
rules engine, and to structure a deal accurately earlier in the
sales process," said Stephanie
Alderman, CEO of Pre-Pair. "The data from 700Credit will
enhance the precision of our system and the accuracy with which the
desk can pencil deals resulting in more profits for the dealerships
and a better customer experience."
About 700Credit
700Credit is the automotive industry's leading provider of credit
reports, compliance solutions, soft pull products, identity theft
and driver's license authentication platforms. The company's
product and service offerings include credit reports, prescreen and
pre-qualification platforms, OFAC compliance, Red Flag solutions,
Safeguards Rule protection, Synthetic Fraud Detection,
Identity Verification, score disclosure notices, adverse action
notices, and mobile and in-store driver's license authentication
solutions. For more information about 700Credit, visit
http://www.700credit.com.
About Pre-Pair
Pre-Pair is an end-to-end desking and F&I solution designed
specifically for RV dealers. Pre-Pair allows a dealership to pull
credit for a customer, run their deal requirements through their
lender database, and generate standardized results that
simultaneously show an apples-to-apples comparison across all their
lenders. The tool enables the dealership to quickly quote rates,
available amounts to finance, and eligible insurance products for
each potential deal earlier in the process, increasing dealership
revenue and enhancing the RV buyer's experience. For more
information, visit http://www.Pre-Pair.com.
Media Contact
Susan Burke, 700 Credit, LLC,
(616) 240-9853, sburke@700credit.com, https://www.700credit.com
View original content to download
multimedia:https://www.prweb.com/releases/700credit-introduces-soft-pull-prequalification-integration-with-pre-pair-302192417.html
SOURCE 700 Credit, LLC