Officials from 700Credit recently formed an integration partnership with High Performance Credit Systems (HPCS) to create a solution for interactive, subprime credit decisions.

The companies explained the agreement will allow 700Credit dealers access to a fast, accurate, and compliant deal flow between the desk and finance. The HPCS analytical approach can detect and identify respective customer credit profiles, while presenting specific finance company options to maximize each dealer's performance, greatly reducing — if not eliminating — subprime deficiencies.

The partnership will also enable the dealer's access to credit reports, compliance and prescreen products from within the HPCS system.

“This agreement with HPCS allows 700Credit to continue offering dealers the critical credit tools they need to quickly and accurately evaluate consumer credit information, and as importantly, perform necessary compliance functions,” 700Credit managing director Ken Hill said. 

“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 this tool,” Hill continued.

This solution includes 700Credit's compliance dashboard tool, which dealers can utilize to view critical compliance information on one easy-to-read screen. This permits the dealer to proactively monitor their store’s efforts as they relate to mandatory federal compliance regulations.

“We’re very excited about this partnership because it will significantly streamline dealers' workflow and stimulate more subprime credit business, while concurrently reducing if not eliminating common dealership subprime deficiencies,” High Performance Credit Systems founder Gary Dirstine said.

“We’re pleased to deliver a system that saves time and reduces costs, so our dealerships are better able to pursue these customer opportunities,” Dirstine added.

Officials also mentioned 700Credit is offering HPCS customers preferred, pay-as-you-use pricing for its credit reporting, compliance services and prescreen products.

To learn more about 700Credit, visit www.700Credit.com and to learn more about HPCS, visit www.hpcredit.com.