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For years, the deal jacket was exactly what it sounded like: a folder. It followed the transaction through the dealership, collecting the credit application, driver's license, compliance documents, lender forms, signatures, proof of insurance, payoff info

700Credit Managing Director Ken Hill's recent piece was selected this month to be featured in RV Pro Magazine, one of the best known and highly regarded publications catering to recreational vehicle professionals. In the article, Ken Hill highlights how p

700Credit Managing Director Ken Hill's recent piece was selected this month to be featured in AutoSuccess, one of the best known and highly regarded publications catering to auto sales professionals. In the article, Ken Hill highlights why driver's licens

For most dealerships, credit reports have always been viewed as a standard cost of doing business. Pull the customer's credit, structure the deal, submit it to lenders, and move the process forward. Simple enough. But over the last few years, that "standa

This article was inspired by our recent episode of the 700Credit Podcast, Friction Points in Retail Automotive: The Quote vs. Actual Price. Click here to watch the full episode and subscribe! Every dealer knows this scenario. A customer walks in, having a

If you have been in this business for any amount of time, you know exactly what this time of year feels like. Traffic picks up. Phones start ringing more. The showroom gets busier. Deals start stacking. Tax season hits and everything moves faster. For mos

Here is the tension every dealer principal, GM, and F&I director is navigating right now: customers expect a near-frictionless buying experience, while federal regulators are demanding forensic-level documentation behind every deal. With the FTC's Safegua

Let's take a step back and look at what just happened. The FTC issued warning letters to 97 auto groups for deceptive pricing practices. That alone should get your attention. But what matters more is what it represents. This is not about 97 groups. This i

In dealerships across the country, the same scenario plays out every day. A customer walks into the showroom interested in a vehicle. The salesperson spends time building rapport, selecting the vehicle, taking a test drive, and working numbers. The desk s

The days of the digital folder-a mere graveyard for scanned PDFs and static images-should be behind us. In its place, the Digital Deal Jacket (DDJ) needs to be the single source of truth for today's modern dealership. This transformation represents a fund