SAN FRANCISCO Feb. 5, 2011
With its expanded capabilities, CreditOnline provides consumers with an immediate response regarding their automobile loan inquiries. These new customized responses, based on the dealer’s own criteria and the customer’s profile from their credit report, lets dealers "pre-qualify" and convert these website leads directly to credit applications. This new capability also enables a dealer to route select applications immediately to lenders for a complete credit review and decision.
CreditOnline will be available in the first quarter of 2011. The solution will be packaged with DealerTrack’s subscription-based Compliance Solution, and will also be offered as a standalone solution.
About DealerTrack ( www.dealertrack.com )
Safe Harbor for Forward-Looking and Cautionary Statements
Statements in this press release regarding the benefits of DealerTrack’s Credit Online solution to dealers and any conclusions or statements based thereon, and all other statements in this release other than the recitation of historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of DealerTrack to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements.
SOURCE DealerTrack Holdings, Inc.