Stop Guessing Start Selling! Your Guide to Credit Reporting and Compliance Expertise is “must have” knowledge every dealer, lender, and broker should know now, not when it's too late.
Fresno, CA (PRWEB) August 06, 2013
This downloadable 10-page eGuide is designed for dealership and lender personnel who run credit reports and collect sensitive personal information. In addition to making compliance as error proof as possible, "Stop Guessing Start Selling!" includes a fail-safe list of questions every dealer should be asking their current and/or future credit report provider.
To get right to the point, the guide allows salespeople and managers to sell and close deals, not worry about becoming legal experts.
Stop Guessing Start Selling! Your Guide to Credit Reporting and Compliance Expertise is "must have" knowledge every dealer, lender, and broker should know now, not when it's too late.
Every employee must receive training on the Privacy Act, Patriot Act, and other federal regulations. Certain personnel are required to know even more and include, Lenders, Brokers, Desk Managers, Finance Managers and Directors, Dealer Principles, GM’s, Compliance Officers, Office Administrators, File Clerks, etc. The CFPB auditors do not typically hand out fix-it tickets.
Here are a few questions "Stop Guessing Start Selling!" recommends every dealer know the answer to: "Do you have access to past reports and other data when or if they are requested?" "How much time (days/weeks/etc.) will it take to retrieve stored and/or archived data?" "How long (days/weeks/years/etc.) is the data retained?" "Where is the sensitive data actually located?" "Is all data backed up nightly?" and more.
"Stop Guessing Start Selling!" was created to take the guess work out of becoming compliant and staying compliant. Every dealer has the right to know what’s required to be provided, when to provide it, and how to implement appropriate processes without guessing, assuming, or ignoring all together. CBC spends countless hours working with dealers on credit report and compliance requirements and solutions. The industry needs to be aware that the objective behind the regulations are to protect consumers and dealerships from expensive lawsuits, lost, disgruntled, or unfairly treated customers; which is good for everyone. It's no mystery that every dealer in the U.S. must comply.
Credit Bureau Connection has roots in the credit reporting, regulatory compliance, sales, desking, and F&I system development fields dating back to the early 1980’s. Credit Bureau Connection (CBC) has become a recognized industry leader in forward thinking credit report and compliance solutions. CBC is one of only a few authorized resellers to the automotive industry for all three credit reporting agencies: Experian, TransUnion, and Equifax. CBC has established long-term partnerships with each of the credit reporting agencies. CBC is a technology oriented company focusing on superior customer service, providing state-of-the-art solutions for automotive related clients, utilizing high-end servers and hardware, managed in the most secure and redundant data centers in the world, utilizing proven web-based software technologies.