Why Would auto dealerships partner with a credit repair company?
Most auto dealerships can get consumers approved with lower credit scores. Even scores in the low 500’s. The FICO Auto Scores that most auto dealerships lenders use is what helps as they look heavily upon the consumer’s past history with an automobile loan. If they were
good with past auto loans, chances are the scoring model will put less weight upon that medical collection, or that charged-off credit card account. However, if the consumer had a bankruptcy or a repo, the scoring model puts more weight on those. Credit repair programs can greatly help auto dealerships not only get consumers approved for an auto loan, they can also give the auto dealerships opportunities for multiple sales, and repeat business. Let’s discuss the benefits in further detail.
The advantages of auto dealerships who have credit repair partnerships
If you are a car salesman, or a dealership manager, a partnership with Credit Wellness Solutions can give you several benefits the other dealerships won’t have, or the other salesmen on your lot. Let’s discuss those advantages now.
- Multiple Sales Opportunities With The Same Customer – Although you may be able to get your customer with a mid 500 credit score approved, chances are, you are having to compromise or sacrifice something to get the sale. Either you are having to show the customer a car in the price range they can get approved for, or to get the monthly payment the customer is looking for. This puts the customer in something that possibly fits their need, but not what they were wanting. However, if you get the consumer sold on that compromise, you can send them to Credit Wellness Solutions to work on their credit so later they can trade in that vehicle for the one they really wanted or needed.
- A Competitive Advantage – Whether you are a salesman who partners with us, or a dealership who partners with us, you will see a huge boost in your sales, and higher customer loyalty, than the other salesmen on your lot, or other dealerships in town. Even if your customer doesn’t buy a vehicle today because they weren’t approved, or couldn’t get the vehicle they wanted or needed, by sending them to us to fix their credit, they will remember the salesman or dealership that went the extra mile for them and return to you to buy a vehicle, or trade in the vehicle you sold them when their credit is ready. So in essence you get the people approved who otherwise could not get approved, or you get another sale from them. If you are a salesman, that will follow you wherever you go.
- More Customer Loyalty, Repeat Business – Let’s face it, car salesman and auto dealerships get a bad rep. Anytime a consumer feels like someone went the extra mile for them, or feels like the salesman really cared for them and not just the sale, they will remember that and come back to you. Credit Wellness Solutions can help you create a loyal following. Even if you didn’t sell them anything that day, if they came to us to fix their credit, chances are they will come back to you when their credit is ready (we will also ensure they do).
- A New Program That Can Be Advertised – A lot of auto dealerships market to people with bad credit, now you can advertise your credit repair program. Put them in a vehicle now, fix their credit at the same time. This could potentially bring your dealership even more traffic than it already gets.
- Word Of Mouth Advertising – As a car salesman, or as a dealership, a customer will remember those who went the extra mile for them. They will tell their friends, family, and co-workers about what you did for them. This is even more referrals for you and your dealership!
Credit Wellness Solutions, The Perfect Company To Partner With
I wanted to take just a couple minutes to talk about my company and how we are the perfect company for you or your dealership to partner with. We are based in New Bern, NC and serve the entire state of North Carolina. So whether you are in Raleigh, Charlotte, Murphy to Manteo, we can help you with all of the benefits mentioned above. We are not your average credit repair company. Below are key benefits and differences you can expect with us.
- Pre-Litigation Credit Repair Methods – Traditional credit repair methods no longer work. It takes a tougher approach to hold the credit bureaus and creditors accountable for reporting accurate information. Credit Reports are loaded with errors, in fact we have yet to see an accurate credit report. Our disputes are based on fact and laid out in a manner to move to court or arbitration if those errors are not fixed or deleted. The client can receive compensation for those errors.
- Client Peace Of Mind With Escrow – All of our transactions are facilitated though an escrow service. This means their funds are held by a 3rd party that will not release the funds to us unless our services have been performed as promised in our contracts.
- Client Choices – Clients can choose nearly every aspect of their service, putting them in control of their credit repair experience. They can choose their escrow provider, credit monitoring, monthly or pay per delete service, and how extensive their credit repair is. They can choose to allow us to audit their debt collections for FDCPA violations, and our arbitration service for those stubborn charged-off accounts.
- Credit Building Resources – We have several credit building resources that will help the client build a healthy credit profile, and raise their scores much faster, which means faster turn around time for you! Everything from authorized user tradelines, primary tradelines, rent reporting, and many other services. Many with no hard inquiries!
- Credit Education – Not only will we help the client repair and build a healthy credit profile, we will educate them on how to keep it that way.
- Free Personal Credit Repair – Anyone who becomes a partner of Credit Wellness Solutions, and sends us 1 client that signs up for services, will get their personal credit repair FREE (if wanted or needed). Only pay $10 per communication to help us cover certified postage and other expenses, and any arbitration or document prep fees if your file needs to go to litigation or arbitration.
- Passive Bonus Income Opportunity – For every client you send us who signs up for services, you get $25! Not to mention the sales bonuses you might get from your increased sales.
As you see, a partnership with a credit repair company, especially Credit Wellness Solutions, can boost your car sales career, and help auto dealerships further scale, and build a loyal customer base that will keep coming to you for years to come. To become a partner of Credit Wellness Solutions, CLICK HERE. We look forward to a long and prosperous working relationship with you and your dealership.
