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Four-Figure Loan Payments on the Rise
A LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
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SEARCHMENUSEARCHA LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
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How dealerships can enlist service advisors to sell protective products after the sale.
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Training expert shares attainable qualities that can help propel your skills in the F&I office.
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In 2021, the company installed a limited distribution of financing kiosks in dealer showrooms, giving customers the ability to apply for a recreational loan in under five minutes and without ever leaving the dealer’s lot.
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New NIADA Certified offers dealers more choices, higher standards, better technology, more ways to satisfy customers.
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With consumer credit performance maintaining healthy levels across auto, credit card, personal loans and mortgages, lenders continued to ramp up new account origination growth in the non-prime segment of the market near the end of 2021.
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You can create a simple test deal file and pop quiz to administer during the interview process that will tell you how compliant the applicant really is, vis-a-vis your compliance standards.
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This collaboration equips APCO with a new and comprehensive F&I solution, diversifying its portfolio for dealers and car buyers nationwide.
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Moving into 2022, NADA anticipates new-vehicle sales of 15.4 million units – an increase of 3.4% from 2021.
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The best way to ensure that your staff maintains compliance is through proper training.
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It’s easier than ever to get credit, if you can find a vehicle, says Andy Mayers of Cox Automotive.
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