Some buy here pay here dealers will ask: why should I pull a credit report? When you sell an in-house financed deal, you are adding that piece to your existing portfolio as a whole. You are the one taking the risk. So ask yourself- would you jump out of a plane with a parachute you hadn’t checked out? When Kenneth Shilson, CPA and President of Subprime Analytics, spoke at the 2007 NIADA Convention, he stressed the importance of pulling credit reports because they help you anticipate bankruptcies and identify key credit history changes. He also pointed out that both credit scores and the number of items in collections have a direct correlation to your loss rate. The Frazer system partners with Credco to help you pull that valuable information, and save it for quick reference. If you are interested in pulling credit reports, contact us today for more information on setup. After all, you only get a smooth landing with a good parachute!