Adverse Action Notice Fulfillment
Let CBC take the time, hassle, and worry out of your adverse action notice compliance requirement for your business. CBC will send adverse action letters to the appropriate customers, on your dealership's behalf, to satisfy your compliance requirements.
Features and Benefits
Eliminates the need of sorting through deal jackets and dead deal files to determine who requires a letter.
Eliminates additional labor costs and the probability of human error thus providing a potential substantial cost savings.
Allows you to select the criteria by either deal status or credit score.
The only fulfillment service to send letters twice monthly to meet the 30 day compliance timeframe requirement.
Supplies a monthly summary report of all letters generated and sent.
Automatically stores an electronic copy of the adverse action letter in the eVault.
Providing a permanent audit trail.
Requires no long term contract and no set up fees.