Credit Report Solutions

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.

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.

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.

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.

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 one of the only resellers 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.