CreditMiner Announces Its Launch of 3Screen in the BASIS F&I Platform

By March 23, 2016 No Comments



DOWNERS GROVE, Ill., March 16, 2016 /PRNewswire/ — CreditMiner™, (www.ecreditminer.com) the auto industry leader in credit and data solutions, today announced the addition of 3Screen, as part of the BASIS F&I platform, as the only vendor in the space have realtionships with all 3 bureaus and provide this type of transaction.  Dealers will now be able to pre-screen consumers against all 3 credit bureaus, receive full file return, creating credit complete transparency and full clarity of the consumers’ credit situation.

“The type of consumer engagement CreditMiner allows for its dealers, completely shifts the credit paradigm.  By not only allowing credit to be moved to the front of the transaction, the connection with the consumer truly becomes collaborative in the choices and options presented to the consumer.  This type of engagement gives the dealer an advantage in capturing vehicle finance transaction,” stated Don O’Neill, General Manager of CreditMiner.

The BASIS platform is designed to allow dealers to pre-screen consumers at any point of transaction under the rooftop, or in any digital means of consumer engagement.  BASIS allows a dealer to go from initial contact, full credit inquiries, full compliance and funding while never collecting or becoming the fiduciary of the clients’ key identifiers.

“What has continued to separate us from any other player in the space is not just technology or bureau relationships, it is our ability to create and deliver products that are dealer driven.  Understanding the day to day trials a dealer goes through to capture profitability is our edge, because we come from the dealer operational space,” said O’Neill.  O’Neill went on to say, “The true flaw of our competition is that the single bureau screen, when stood up against static lender tables, gives both the consumer and the dealer a false read.  Each bank makes a determination on which bureau, risk and score model is utilized in underwriting decisions.  If you aren’t using the correct model against lender finance programs, the decision delivered is, in effect, useless.”

CreditMiner will be demonstrating this groundbreaking technology at the NADA EXPO in Las Vegas, Nevada March 31-April 3.  Dealers to sign on for the BASIS platform during NADA will be awarded entry into the 2017 Masters tournament in Augusta, GA.  To schedule a demo, go to www.ecreditminer.com   and click the NADA banner, or email sales@ecreditminer.com, or call (877)213-7042.

About CreditMiner:

CreditMiner is a credit-centric data provider to the automobile industry. It provides both hard inquiry, application compliance and is the only real-time pre-screen technology re-seller representing all 3 major credit bureaus. Auto dealers can complete a vehicle finance transaction within CreditMiner’s BASIS platform while never collecting SS# or DOB.  Its recently released DealerAR is the first augmented reality platform in the automotive industry, allowing consumers to experience their vehicle, warranty and service options all in an Augmented Reality environment.