Tag Archive | "National Credit Center"

Ex-Cox Automotive Executive Joins National Credit Center

LAS VEGAS — Sackett National Holdings Inc., a provider of lending data, energy, employment screening and automotive products and services, announced the appointment of Robert Granados as president of its automotive subsidiary, National Credit Center (NCC).

As president, Granados will be responsible for providing executive leadership and overseeing the company’s day-to-day strategy and operations. Additionally, he will be responsible for identifying potential merger and acquisition opportunities, developing budgets to ensure the company meets its corporate objectives, working closely with NCC’s senior management and finance teams, and cultivating an environment of strong relations with the company’s employees.

“I am pleased to welcome Robert to his new role as president of NCC,” said Jevin Sackett, CEO of Sackett National Holdings. “Robert brings with him an extremely impressive and extensive history of leadership within the automotive sector, and I am confident he will be a significant addition to our senior management team as NCC expands its national footprint.

Prior to this appointment, Granados served as senior vice president of strategy at Cox Automotive Inc., where he led the assessment of new growth opportunities and expansion of business offerings. He also ledthe divestiture required for the completion of the acquisition of Dealertrack Technologies by Cox Automotive.

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E-Credit Express, National Credit Center Partner on Credit Reporting Service

DETROIT — E-Credit Express has entered into an exclusive partnership with National Credit Center to provide credit reporting services for the automotive industry. This joint venture enhances ECE’s Credit Sale Platform’s capabilities with “soft pull” credit technology that eliminates traditional lender “hard pull” credit inquiries, while providing lenders with the identical credit reporting information.

“The E-Credit Express platform will provide National Credit Center clients with highly efficient and reliable credit data and information, and simplify the credit reporting process by consolidating and reducing the requisite paperwork,” said Ken Suprenant, National Credit Center’s senior vice president of data solutions.

The proprietary integration of consumer credit data into the platform is a patented transaction process, which reduces the lender’s exposure. Additionally, the numerous costs associated with pulling multiple consumer credit inquiries and postage for the required compliance notifications are eliminated. Further, the unique integrated patented process removes the lender as a creditor in the sale as it ensures dealer compliance in the underwriting process, by providing consistency with deal structure, and ancillary product pricing. The process is fully compliant with federal guidelines, officials said.

“We revolutionized the consumer automotive credit application process in the automotive industry, with the launch of our patented platform,” said Paul Pawlusiak, president E-Credit Express. “The industry will benefit from reduced paperwork and costs by adopting our patented method of streamlining the credit application process for the consumer.

“This reduces the numerous applications traditionally sent by dealers, as well as credit decision wait times,” he added. “Our new exclusive partnership makes our patented platform even better by ensuring federal and financial compliance and safeguarding consumer credit scores.”

Ultimately, the patented transaction process benefits the automotive consumer by reducing the instances of credit inquiries on their credit report. This process also safeguards against unfair credit score penalties, which could hamper future credit approvals.

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RouteOne And National Credit Center Partner To Assist Dealers With Identity Verification And Compliance

Farmington Hills, Mich. – RouteOne LLC and National Credit Center (NCC) will integrate to offer identity verification and authentication services to help auto dealers streamline and improve their compliance efforts. These services enhance RouteOne’s current compliance offering, and are delivered through its IDOne product.

“We are pleased to welcome NCC as a supporter of RouteOne’s IDOne identity verification tool,” said Mike Jurecki, CEO, RouteOne. “We are committed to helping our customers minimize fraud risk and effectively meet the growing list of compliance requirements they face as an integral part of our credit application and dealership solutions. Our partnership with NCC builds on that commitment to assist dealers in protecting their customers and financing business.”

Dealers using the service will be able to verify applicant information across multiple data sources simultaneously with one simple mouse-click, including an OFAC check. If an alert is identified, dealers can then administer an “out-of-wallet” risk-based quiz from the same system as another method to confirm identity. The solution enables dealers to move through the process efficiently to either close the sale or determine the risk is too great.

“We are very excited to welcome RouteOne into our partner portfolio,” said Ken Suprenant, GM and vice president, NCC. “Identity fraud is the fasted growing crime in the U.S., and auto dealerships are being targeted more than other businesses for their high-dollar transactions. IDOne is a revolutionary product that fits perfectly within our comprehensive suite of credit and compliance services.”

In addition to verification, IDOne provides an audit trail to ensure compliance, and works with RouteOne’s credit application system to eliminate duplicate data entry and the potential for error. The service is backed by RouteOne’s Help Desk and field staff to ensure support is there when it is needed most.

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