Credit Bureau

Presenter:Waiz Ahmed

Credit Bureau Providers

Equifax Transunion. ( To come to DTN)

Types of Credit Bureau Reports

Consumer Report.

Commercial Report.

How does a dealer enroll with Credit Bureau?

Credit Bureau Enrolment.

The Dealer goes to Credit Bureau Section via Navigation Bar. i.e. Standalone CB. Since the dealer is not enrolled the dealer will not see the Standalone CB but instead will see an enrollment page. The dealer will then confirm if they are a member of the particular Credit Bureau Provider and then contact Dealer Support.

CB-Enrolment Dealer.

DTC user confirms enrolment

DTC/SA user will go to Dealership Details>Credit Bureau>Edit Enter: Member Number Security Code STS. Consumer and Commercial ( which ever is applicable.)

CB Enrollment by DTC/SA

Permissions
Both Dealer and Lender users will have Credit Bureau permissions. The users may have a view only permission and/or Pull Credit Bureau. The Lender user will also have an additional permission to make Credit Decisions. i.e. view Credit Decision Suite.

Permission-Dealer

Permissions
Lender

Where can we access Credit Bureau in DTN?

I need a Credit Report NOW!

Credit Bureau in DTN

Dealer side Credit Bureau Standalone Credit Bureau-Dealer only Lender side Credit Bureau Joint Credit Bureau-Lender side only Dealer side via Deal management and Standalone. Lender side only via deal management.

Dealer Side-via Deal mgmt.

What is Standalone Credit Bureau?

Standalone Credit Bureau is a functionality where a dealer can pull a credit report without creating a deal. Standalone CB was also referred to as Quick Bureau in legacy systems. Although we term it as Standalone you will not see the term Standalone Credit Bureau in the application. The term used will be Credit Bureau. ( This will be via navigation menu.) Standalone CB is only a Dealer side functionality.

Standalone-Dealer side.

Lender Side Credit Bureau.

Lender side Credit bureau does not include Standalone functionality. Lender side includes Joint Bureau functionality. Joint Bureau does not mean one joint bureau as the name might suggest. It is still two independent bureaus pulled and their information combined to display in the contract debt tab.

Credit Suite Lenders

C U Dealer Link a.k.a Envision (Dsol)-udecide. C U Dealer Finance. a.k.a Assinebione (Dsol.)- udecide C U Dealer Finance Corp. Alterna Savings Bank West. First Calgary Savings. Servus Credit Union. Windsor Family Credit Union. WS Leasing. Caisse pop GBC ( Dsol Uadjudicate) do not use DTN for CB.

Lender side via Deal mgmt.

Contract Debt Tab Calculation

Contract Debt Tab contains calculated fields such as TDSR % and GDSR% TDSR%=Total Debt/ Gross Monthly Income. GDSR%=Housing Payment/ Gross Monthly Income.

Contract Debt Tab for Joint Bureau.

Applicant Credit Information. Spouse/Common Law Credit Information. Combined Credit Information.

Joint Bureau-Combined Credit Information.

Dsol- Credit Report.

Some Credit Suite lenders use Decisioning Solutions, a third party provider to pull credit reports. When a dealer submits a report, Dsol automatically pulls a report and sends it to the lender. The credit suite lender then, can view this report via DTN. CU Dealer Link and CU Dealer Finance are Dsol credit suite lenders.

Dsol-udecide view

Report type and CB window tabs

Summary Plain Text Report HTML Report Contract Debt ( lender side) Udecide Report for Dsol lenders. (lender side) Udecide Contract Debt tab for Dsol lenders. (lender side)

Dealer side: Credit Report

Lender side report window

New Enhancements.
6 new enhancements were introduced to Credit Bureau. Test cases are stored in :O drive. Most likely there will be more on the way with the introduction of Transunion.

Prototype for Redesign

Prototype: Product group has created a prototype for the new enhancements.
http://dtcanproto/CreditBureau/

Test Cases
Core Test Cases Joint Bureau Test Cases New Enhancement Test Cases.

Good Luck Testing Credit Bureau.