With Credit Jeeves, auto dealers can turn adverse action into opportunity.
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Minnetonka, MN (PRWEB) February 04, 2013
We are proud to announce the launch of Credit Jeeves just in time for the National Automobile Dealers Association (NADA) 2013 conference. The average US auto dealer turns away 100 people per month – that’s 50,000 people per day that walk out of auto dealers without a car, and without a plan to return later for better news. Our innovative product helps consumers who were denied a loan, or who received less-than-favorable terms, learn about and affect their credit standing so they can later return to the dealer and get into the car of their dreams.
“We are seeing a revolution in the consumer credit industry,” said Matt Briggs, CEO of Credit Jeeves and former founder/CEO of 700Credit. “Thanks to the Fair Credit Reporting Act (FCRA), the Dodd-Frank Consumer Protection Act, and to the Risk-Based Pricing Rule, consumers have more insight into their credit history and potential than ever before. The key now is to connect the buyer with the dealer in a way that is a win-win for everyone involved.”
Furthermore, with the recent legislation against Buy-Here-Pay-Here outlets, millions of consumers no longer have a “quick-fix” to get a car once they have been denied for a loan. With Credit Jeeves, however, auto dealers can turn adverse action into opportunity. With our straightforward step-by-step action plan, credit monitoring and target score simulations, buyers who find a roadblock to their car purchase can discover what created it, why it is there, and how to remove that roadblock for good.
“Armed with our free tools, consumers can now control their financial future and access the American dream,” said Mr. Briggs. “Rather than flatly turning down a potential customer, auto dealers can create future customers by giving them a roadmap to success. There is big potential on the horizon for 2013, and Credit Jeeves can help accelerate what will be a blockbuster year for many auto dealers.”
If you would like more information about Credit Jeeves, come by booth #214 at NADA.
About Credit Jeeves
Credit Jeeves provides credit education to auto buyers and offers auto dealers a way to keep those buyers connected to the dealership. Our philosophy is that credit education should be accessible to consumers when they need it, for free. We start where people need this information the most – at the time of rejection, or when being presented with less-than-favorable terms. No longer will people walk out of an auto dealership bewildered. Instead, they’ll be armed with a clear action plan, and the motivation to take control of their credit.