SMART Payment Plan Helping Customers During COVID-19
SMART Payment Plan has responded to a new government program that allows customers with school loan payments to skip payments for 2 months.

SMART Payment Plan has responded to a new government program that allows customers with school loan payments to skip payments for 2 months.
AUSTIN, Texas – SMART Payment Plan has responded to a new government program that allows customers with school loan payments to skip payments for 2 months.
“We have already reached out to our many customers who have added school loan payments to see if they want to take advantage of the ability to skip their next 2 months of payments,” said CEO David Engelman. “We continue to monitor developments regarding automotive and mortgage payments. If the government or banks implement programs to defer payments on any loans, we will immediately begin helping our customers to take advantage of the programs,” Engelman added.
“We have also added features to our in-dealership software for Finance Managers to easily select 90 or 120 days to first payment for ease of enrolling customers in lenders new programs,” Engelman concluded.
Originally posted on Auto Dealer Today
More F&I

Auto Consumer Anxiety Presents Opportunity
A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.
Read More →
New-Vehicle Financing Hits Record
Consumers are seeking ways to make financing new-vehicle purchases manageable, from extended loan terms to smaller down payments, according to Edmunds.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
Lease Buyouts Deemed Favorable
Better financing conditions and the potential to save money on monthly payments could drive more consumers to buy out their vehicle leases instead of opting for a new lease payment.
Read More →
Streamlining Financial Services Managers' Workflows
Managing a deal from submission to funding works best from a mix of efficient transactional methods and a customer-focused approach.
Read More →
Auto Finance Data Show Opportunities and Risks
The share of subprime, longest loan terms grow in Q4 as consumers take on more debt over longer terms to afford higher vehicle prices, Experian research finds.
Read More →
The Noisy Year That Tested the Car Deal
A StoneEagle 2025 industry report reads like a stress test. In a noisy year, F&I became the foundation that kept the house standing when the front end thinned.
Read More →
Price Driving Insurance Churn
Over half of insurance holders ages 18 to 29 reported to be 'somewhat' likely to change providers in the next 90 days, according to CivicScience, which found that interest was lower among older age groups.
Read More →
Report Finds Year-End F&I Strength
Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.
Read More →
Look Ahead to the Future of F&I at Agent Summit
Joel Kansanback – CEO of Strategic Dealer Advisory – will take to the stage at the 2026 event.
Read More →