FRESNO, Calif. — For decades, Credit Bureau Connection contends
that dealers have stored deal and compliance documents in big metal file
cabinets and wondered what length of time to keep them.

Now, CBC believes it has a solution to make those large
cabinets unnecessary while keeping F&I offices compliant with federal
regulations.

The company created eCredit Complete with indefinite
electronic secure document storage in what officials call the "eVault."

The eVault also includes unlimited "cloud-based" upload
capability for secure electronic storage of deal attachments such as vehicle or
trade-in photos, scanned documents such as utility bills, paycheck stubs and
more, eliminating much of the need for rows upon rows of file cabinets full of
credit, compliance, and various deal documents.

"The team of credit report and regulatory compliance experts
at CBC concur that erring on the side of caution is the only sure-fire
solution," officials said.

According to The Mercadien Group, dealers must retain all
vehicle jackets, insurance claims, vehicle purchase orders, bills of lading,
customer files, service contracts and extended warranties, and both assigned
and unassigned retail installment contracts for at least 10 years.

And CBC pointed out there are stiff penalties for
non-compliance.

"CBC subscribers constantly rave about the peace of mind
they've come to rely on when it comes to compliance," company officials said.

"CBC has roots in the credit reporting, regulatory
compliance, sales, desking, and F&I system development fields dating back
to the early 1980s," they continued. "Credit Bureau Connection has become the
industry leader in forward thinking credit report and compliance solutions."

For more details about eVault or other CBC solutions, visit
www.creditbureauconnection.com.

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