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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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With dealers and lenders scrambling to offer payment relief to consumers in the wake of the coronavirus pandemic, they need to pay attention to the effect it may have on a potential GAP claim.
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Wisconsin Consumer Credit will integrate Inovatec’s end-to-end solution into its lending services, rental payments, and debt collection systems.
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The world has changed over the last few months with COVID-19, and we’re all going to have to find our new normal. To do so, we all must stand tall and stand together.
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APC executives report significantly higher response and close rates for second-chance service contracts in March and April, when stay-at-home orders suppressed vehicle sales and F&I production.
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Today’s reality is presenting us with both challenging times as well as countless possibilities. Success is reserved for those that dare to prune their process to assure future growth in skills and profits.
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Credit approvals see significant rebound from April rates.
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Vision Dealer Solutions continues to make groundbreaking advancements that help dealers seamlessly sell F&I door-to-door and beyond.
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EFG Companies, the innovator behind the award-winning Hyundai Assurance program, announced the launch of its re-imagined Motorist Assistance Plan vehicle service contract.
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As COVID-19 has lead to more vehicles being financed and purchased online, the ability of the F&I department to sift out synthetic fraud will be increasingly valuable to them. F&I managers are encouraged to take another look at available technologies to identify synthetic fraud when practiced against their dealership.
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New car payment assistance program added to DOWC® F&I offerings.
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