A method and system are provided which enables automotive dealers to use a
standard PC and Internet-type browser software package to enter
credit/loan application data over the Internet. Such data can then be
automatically distributed via the Internet to designated financial
institutes or loan service providers for processing. The system also
receives responses back from the service providers and displays these
responses to the requesting dealer. To accommodate financial institutions
which have not been provided with prearranged access, the system provides
automatic enablement of facsimile transmission to dealer-chosen banks and
credit unions. In addition, other information which facilitates the
automotive credit process, such as completion of standard department of
motor vehicles forms, insurance forms, etc., may also may be collected
and transmitted electronically to the institution/company either directly
or through a credit application service provider, with electronic
responses provided back to the requesting dealer.