Credit Report and Compliance Solutions for Auto Dealers and Other Industries
Here are just a few tools eCredit Complete provides
Hard and Soft pull Credit Report
Web-based access from anywhere
Complete Credit Compliance Solutions
Advanced Multi-factor Authentication
Fully Customizable User Rights Management
Long-term Document Management
Servicing various industries, CBC provides more than just traditional hard pull credit reports and soft pull credit reports. The eCredit Complete user experience includes multiple report formats, loads of standard extras, built-in, easy to use compliance, compliance tracking and reporting, and more, providing a credit report platform that exceeds the needs of today's heavily regulated industries.
If you are in the business of extending credit, eCredit Complete brings decades of experience combined with the power and ease of use. eCredit Complete software provides access to hard pull and soft pull credit reports from all three major credit bureaus (Experian, Equifax, and TransUnion). Businesses choose eCredit Complete when it comes to checking a consumer's credit because it is fast, easy to use, secure, and includes fraud prevention and regulatory compliance actions, all from one platform accessible anywhere.
Discover Why Businesses Across the Nation Trust eCredit Complete
CBC's Auto Finance Summary Stands Above the Others
View All Open and Closed Auto Related Trade Lines
APR's of Previous and Current Consumer Auto Loans
Previous Co-signer Information
Payment History for Each Account
Displays Both Loans and Leases
Current Payoff of Open Auto Loans
We know the auto finance industry is now more competitive than ever, which is why CBC was the first reseller to offer their customers an Auto Finance Summary on all three bureaus. Building on the convenience and ease of use of all CBC products, the Auto Finance Summary allows our customers to instantly analyze a prospect's auto financing history in detail, develop unbeatable offers for their customers, and stay ahead of the competition.
Experian, Transunion, and Equifax Credit Report Summary With Fico® Scores
Features of the Multi-Bureau Credit Report Summary
Pull 2 or 3 Reports Simultaneously With One Click
See the Highest FICO® Score Displayed Front and Center
Convenient Access to Necessary Compliance Obligations
Speeds up the Credit Report Process
High Credit Score Displayed Front and Center
Access Risk-based Pricing and Adverse Action in One Click
Often a person's credit score will vary drastically between different CRA's because different information is reported to each bureau. The individual bureaus include unique and sometimes exclusive data that is used to calculate different credit scores. This can make the difference between a "great" rate and a "subprime" rate.
CBC's Multi-Bureau Summary (MBS) eliminates the need to request a report from all three bureaus individually. This time saving convenience is offered to all CBC subscribers at no additional charge.
CBC's MBS gives you all the information you need to start a deal by giving you access to all three bureaus on one screen. View scoring models, Red Flags, OFAC, RBP notices, Adverse Action notices, and I.D. Theft Worksheet with Out of Wallet questions.
Soft pulls are classified by two categories: prescreen and prequalification. The differences between them might be subtle, but it's essential to know the difference. A prequalification "soft pull" is a request to be prequalified to apply for credit and is initiated by the consumer. A prescreen, on the other hand, is a non-consumer initiated offer of credit that is typically generated without the consumer's knowledge. Neither of the two, however, affect a consumer's credit score.
With over two decades of experience in the automotive retail space, CBC is the partner you can rely on when it comes to prequalifications. As an industry leader when it comes to soft pulls, CBC works with a broad category of industries.
AUTOMATED INCOME CHECK
Instant Income and Employment Verification Delivered in the Credit Report
how CBC helps verify required stips
Know Up front a Consumer's Credit Worthiness
Help Remove Employee Misinformation
Streamline the Finance Process
Catch Falsely Submitted Credit Applications
Work the Deal knowing Income and Employment Stips are in Order
Piece of Mind knowing Information Provided is Accurate
In addition to confirming annualized income and employment, lenders often require additional documents to ensure reported details are accurate. These STIPS, (stipulations) often delay funding and can delay or destroy a car deal.
The ability to know a consumer's income and employment status can make the difference in making a deal and losing a deal. CBC provides Automated Income Check (AIC) powered by Equifax, which can help determine if a consumer is reporting accurate information before presenting a deal for financing.
Delays are sometimes inevitable, but they don't have to be routine. With Automated Income Check, qualifying a customer for financing is made much simpler and more seamless with instant verification of information being displayed on the consumer's credit report. This includes, but is not limited to, critical information such as: employer name, annual income, job tenure, and much more.
eClear Credit Risk Report Provides Alternative Credit Data
Perfect for Buy-Here-Pay-Here Dealers
Collected from the Worlds Largest Source of Alternative Credit Data
Designed to Supply Non-traditional Data to Subprime Lenders
Receive Payday Loan, Cell Phone, Utility Payment Data and more
Today, there are roughly 53 million people without a reliable FICO® score who are creditworthy and desirable customers, which is why CBC's eClear Credit Risk Report offers "alternative credit data" to assist in the lending process. Alternative Data describes the creditworthiness of individual consumers who are not represented adequately on mainstream credit reports.
This data is typically sourced from alternative service providers and compiling information from different accounts which includes but may not be limited to: bank accounts, credit card accounts, investment accounts, and other consumer or business accounts.
LIENS AND JUDGMENTS
Liens and Judgments Data Delievered In The Credit Report
Time frame Data
Federal, State, Local Tax Liens
Small Claims Judgments
Amount of Liens and Judgments
Remember when liens and judgments were included in the credit report and returned information such as public record filings on individuals to help uncover civil court filings during the credit review process? Get Liens and Judgments data in your credit report again, exclusively from Credit Bureau Connection.
CBC is the only reseller that still delivers liens and judgment data directly in the credit report. Liens and Judgments are public record filings on individuals to help uncover civil court filings during the credit review process.
As of April 2018, Equifax, TransUnion, and Experian have fully discontinued offering liens and judgment data. Critical data on tax liens and civil judgments are no longer included as part of the standard consumer credit report issued from all three major credit bureaus. This change occurred as part of the implementation of the National Consumer Assistance Plan, which is the result of a settlement between the three leading U.S. credit bureaus and 38 states in 2015.