Credit Reports for Automotive Lending

Pulling automotive credit reports for underwriting vehicle loans has never been easier. Our credit API is easily integrated into whatever platform you are using to process loan applications and the credit report XML data can be pulled directly into your automated decisioning process.

Credit Reporting Services can pull this credit report data from any of the three credit bureaus (Equifax®, Experian®, or TransUnion®) along with all of the automotive credit scores currently utilized to make automotive lending decisions. For lenders that may be looking at non-traditional credit, we can also support the delivery of premium attributes and other alternative data streams such as income scores and asset data.

It is best practice for lenders to also utilize our Identity Verification Products to ensure the absolute integrity of the automotive loan applicant for accuracy in the decision-making process.

Some of the key benefits are:

• Quick and easy access to all three bureaus
• Multiple score options
• Pre-qualify consumers with soft inquiry
• Automotive credit report
• Verify income, assets, and other data sources
• All pulled and delivered via API in seconds

Talk with our experts today to learn more about these vehicle loan credit report products and services and how simple it is to pull this data via our credit API.