For operators who still have questions about credit reporting of customer payments and more, Equifax, in collaboration with the National Independent Automobile Dealers Association and the National Alliance of Buy-Here, Pay-Here Dealers, is hosting a free webinar in support of the continued launch of the Equifax BHPH tradeline reporting program.
The initiative allows dealers who are members of either NIADA or NABD to report their consumer auto loans and payments data to Equifax without having to pass traditional barriers such as holding a certain number of accounts. As BHPH Report noted back in the summer, operators previously needed to have at least 500 active accounts to send this information.
Leading the hour-long session that begins at 1 p.m. ET on Tuesday is Angelica Jeffreys, vice president and dealer leader for Equifax.
Jeffreys plans to highlight three topics, including:
• Why tradeline reporting can help drive more profitable bottom line results
• An overview of the credit process and the governing bodies
• How the process works and tips on how to set it up efficiently
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