Dealerships are Caught Between Customers, Lenders and Regulators

Customers expect payment transparency without a formal credit inquiry
Customers are more adverse to running credit, particularly at dealerships
Customers tend to vastly underestimate their buying power and vehicle affordability
Quoting one rate for all customers walks customers and hurts profitability
with SelectFI
Reduce objections to running credit: no SSN required, no impact to credit
Stop keying in customer information - customers submit digitally and push to your CRM

Lenders expect formal applications to show you what payment to quote
Large lenders rely on AI decisioning, and price with increasing complexity
Published guidelines are irrelevant, routinely broken to fit lender risk appetites
Trial submissions impact customer credit and can prevent rehashing
with SelectFI
Our AI continuously learns from your lender decisioning to predict approval and rate for each new deal
Free your dealership from submitting credit applications just to see if lenders will approve

Regulators expect you to provide fair credit with standard margin
Dealerships are regulated like lenders under ECOA and FCRA
Quoting payments inconsistent with a standard mark-up is considered disparate
Performing compliance actions is required for all customers (not just those that close)
with SelectFI
Our AI thinks like a lender, analyzing credit and collateral with no bias
Predicted rates include compliant standard mark-up (unless restricted by lender, term or guideline)
Automate consent for contact, privacy policy and delivery of RBPN for every customer