First Advantage CREDCO Partners with Finance Express
POWAY, Calif. — First Advantage CREDCO announced Monday it has integrated its credit-based information solutions with Finance Express, a provider of online finance services and technology to independent dealers.
As part of the partnership, First Advantage CREDCO will provide dealers with credit reports, identity verification tools and compliance solutions through the Finance Express platform.
And with the Red Flags Rule compliance deadline this Friday, the partnership allows participating dealers to quickly access tools that can help them comply with OFAC screening regulation and the new Red Flags Rule.
As some may know, First Advantage CREDCO's Red Flag Solution combines credit reporting services, identity verification, OFAC screening and reporting tools. It is designed to help dealers comply with the new Red Flags Rule, which requires them to establish and maintain an identity theft prevention program.
Moving on, some dealers have already applauded the new offering.
"As a new dealer who recently signed up with Finance Express, we are truly enjoying the ease of the integrated program between Finance Express and First Advantage CREDCO," stated Tom Walsh, manager of A&A Auto Sales in South Point, Ohio. "The system keeps all of our information right where we need it, when we need it."
Dave Huber, president of Finance Express, added: "Our integration with First Advantage CREDCO further expands the features and functionality of the Finance Express platform, enabling auto dealers to make sound credit decisions, fast.
"We are happy to be partnered with a best-of-class credit information solutions provider," he continued. "This important relationship enables our mutual customers to focus on their core business."
Finally, Eric Rumsey, president of First Advantage CREDCO, stated: "We're excited to announce our partnership with Finance Express, which helps our mutual customers verify consumer identities automatically with every credit report.
"Seamless integration provides fast, convenient access to important identity verification and compliance solutions — directly from their Finance Express platform," he continued.