Southfield, MI/ February 9, 2015 – 700Credit, the industry leader in providing credit, compliance and prescreen products and services exclusively to the automotive industry, announced today an integration partnership with High Performance Credit Systems LLC, a leader in automotive subprime lending solutions.
This agreement will allow HPCS dealers seamless and secure access to the HPCS industry leadership tool for dealers to determine which lender has the highest probability to purchase a consumer’s retail installment contract. It will also enable the dealer’s access to credit reports, compliance and prescreen products from within HPCS Systems. . “This agreement with HPCS allows 700Credit to continue offering dealer’s critical credit tools they need to quickly and accurately evaluate consumer credit information, and as importantly, perform necessary compliance functions,” said Ken Hill, Managing Director of 700Credit. “The results we’ve seen from the beta dealers so far have been truly amazing, with dealers reporting increases in sales and gross as a result of using the tool.”
This solution includes 700Credit’s industry-leading Compliance Dashboard tool, which allows dealers to view critical compliance information on one easy-to-read screen so that they can proactively monitor their dealership’s efforts as they relate to mandatory Federal compliance regulations.
“We’re very pleased with this partnership because it will significantly streamline dealers’ workflow and allow more customers to receive favorable finance offers, quickly and securely. as well as allow them to save money on credit, compliance and prescreen products. We’re happy to offer a service that saves time and steps for our dealerships,” said Gary Dirstine, President of High Performance Credit Systems, LLC.
700Credit is offering HPCS customers preferred, pay-as-you-use pricing for its credit reporting, compliance services and prescreen products
