Credit Reports - Frazer Update

1 Credit Reports , Compliance and Soft Pull Pricing State of the Art integration with the $500 Challenge 700 Credit guarantees the most honest & competitive pricing in the industry with the most advanced integration to all 3 Credit bureaus and automated compliance within Frazer . Unlike our competitors, 700 Credit does not charge for erroneous duplicate report pull fees on the same consumer. We offer products and services that our competitors can NOT provide. Our status-based workflow for Red Flag, Synthetic Fraud, ID Verification Questions, prescreen/soft pulls, prequalification & automated mailing services for letters are just a few features available within Frazer . Credit Reports Hard Pulls The following pricing includes a single Credit report and Credit Summary, Auto Summary, Credit Score Summary, Adverse Action Letter and Risked Based Pricing Notice.

2 Experian Trans Union Equifax Credit Reports $ $ $ Notes: - A fee of $ is charged for a duplicate report pulled on the same customer: that s right, FREE - A $ FACT Act Surcharge fee for TU and Experian, and $ for Equifax will apply to all Credit Reports ordered on all consumers - A $ surcharge will apply to all Credit Reports ordered on consumers with Colorado addresses - $35 monthly minimum will apply - Credit Bureau sub code service fee, TransUnion at $ per month, Equifax $ per month and Experian $ per month - $500 Challenge: If we cannot beat your current pricing will pay you $500 whether you sign up with us or not. QuickQualify Soft Pulls You can choose this consumer facing soft pull web application feature for your website, which returns a full Credit file and FICO score for any of the 3 Credit bureaus.

3 Our web-based lead generation form only requires name and address. A FICO Score can also be added for the additional rate noted in the following section. QuickQualify Application (per month) $ Note: Your Choice of a Credit report from Experian, TransUnion, Equifax with an Auto Summary, Credit Summary and Score Summary QuickScreen Soft Pulls Frazer has enabled 700 Credit s new prescreen offering QuickScreen from within Frazer . Your dealership can obtain a complete Credit picture with a soft pull up front in the sales process. Soft pull s do not impact your customers Credit profile. You can choose from the three Credit bureaus Experian, TransUnion and Equifax. An Auto Tradeline summary is included. A FICO Score can also be added for the additional rate noted in the following section.

4 Per Transaction $ QuickScreen Bundle Package Cost Transactions in Bundle Cost Per Transaction Over Bundle Package 1 $ 30 $ Bundle Package 2 $ 65 $ QuickScreen Certificate Mailing $ Optional Add on Products Add on products for the Credit report include products that ensure your dealerships compliance with the latest compliance regulations. Compliance can be automated while allowing you to minimize costs. FICO Credit report Scorecard Fee $ FICO QuickQualify Scorecard Fee $ FICO QuickScreen Scorecard Fee $ Identity Verification (OFAC Included/Buyer Index) $ Synthetic Fraud Detection $ MLA Search $ Identity Verification Questions $ LMS Training Program per month $ Credit Summary Free Credit Score Summary Free Auto Summary Free Compliance Dashboard within Frazer Free RBPN Provided Free Adverse Letters Provided Free * FICO Fees are per report Note: ID Verification questions are suggested only when an alert appears on a consumer s Identity Verification report which are returned with each Credit report request.

5 Income PreCheck It is estimated that 27% of applicants overstate their income by over 15%, and 15% overstate by 50% or more! Frazer has enabled you to verify a consumer s financial standing, income, and employment information before you work the deal. Ask about a Free Trial. Income PreCheck $ Additional Compliance Products and Services Additional products and services available to you to help to ensure your dealership is compliant with the latest compliance regulations: Mailing Risk Based Pricing & Adverse Your dealership has the ability to print Risk Based Pricing Notices locally at your dealership for FREE. However, you can automatically back stop your team, by queuing up any notices missed in your dealership in the 700 Credit mail house.

6 Notices are printed, stuffed, stamped and mailed. Our system records your local print and/or our mailings. This helps insure your compliance. $ Mailing Adverse Action and RBPN Combined Dealership has the option to mail both notices to consumer when applicable in the same envelope. $ QuickApplication Place a web based full Credit application on your dealership s website and funnel the applications into your compliance and Credit solution per month New Customer Incentives Contact our sales team today to start your $500 dollar challenge, if we can t beat your current pricing, we ll pay you $500. or