Without the credit bureaus, dealers cannot use Credit Score as one of their pre-qualification criteria. Other criteria are still in play if selected – years at current job and annual income. These are self-reported so their usefulness is questionable. Some dealers want to use pre-qualification criteria to be selective with their customers, while others want as many customers as possible to engage with the dealership.
If a dealer wants to have bureaus with DealerTrack, they need get their bureau codes from their provider and upload them to DealerTrack.
Documentation Change Log
- 1.0 / October 16, 2020: Initial release