Preview - BHPH Reporting Customer Credit
3 years ago
Equifax is hearing more and more from dealers in the Buy Here Pay Here space who would like to begin furnishing trade information to Equifax. Reporting this data is good for the consumer, good for the industry and good for the BHPH dealers – especially as regulatory pressures mount. However, many of BHPH dealers feel that the current reporting process is challenging. This session will help demystify the process and provide the steps needed to successfully furnish trade line data, share best practice highlights from direct learnings from previous BHPH dealers who have gone through the process with tips on areas to watch out for when submitting data to avoid potential liabilities. Learn and understand why reporting consumer trade lines is important for BHPH dealers. Learn about the compliance and regulatory side of data furnishing.
Speakers: Angelica Jeffreys, VP Dealer Leader, Equifax; Jennifer Reid, Senior Partner Channel Manager, Equifax