The National Independent Automobile Dealers Association announced this week that it now approves 700Credit as a NIADA National Benefit Partner and credit data provider to its dealers.

“We couldn’t be more proud to be selected by NIADA as a National Member Benefit partner,” Kenneth Hill, the managing director at 700Credit, said. “NIADA is leading its independent dealer members on the necessity for education and full compliance with federal regulations regarding consumer credit and the consumer. NIADA member dealers will benefit greatly from this leadership.”

Scott Lilja, NIADA’s senior vice president of member services, looks forward to the services that 700Credit can provide for his association’s members.

“700Credit provides our member dealers with a simple, efficient and effective means for ensuring compliance with federal and state laws regarding consumer credit data,” Lilja said, “and we fervently support our member dealers’ compliance and transparency.”

In other NIADA news, CARCO announced this week that its newest version of CheckThatVIN, a motor vehicle title history report, can now be accessed by NIADA members. The reports from CheckThatVIN offer the standard year, make and model information as well as full-vehicle descriptions, when available, based on the VIN.

“Adding the additional VIN decoding to our standard offering provides additional value to our CheckThatVIN product,” Rob Winthrop, CARCO’s product manager, said. “NIADA members can now see additional vehicle details along with the VIN title history information, which will better enable them to present the features of the vehicle and close the sale.”

Lilja gave a glowing endorsement for the creators of CheckThatVIN and highlighted the report’s potential importance to the association’s members.

"NIADA's longtime member benefit partner CARCO Group continues to invest in very innovative, high-value solutions for our member auto dealers," Lilja said. "This latest update to the CheckThatVin vehicle history risk mitigation tool is another example of that commitment. We highly encourage our member dealers to embrace this invaluable vehicle history reporting tool, which eliminates their exposure to vehicles with major condition issues at an extremely affordable investment."