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F&I

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Articles

Curb The Confusion

Talk to F&I customers like you’d talk to a friend, without industry lingo or sales-like questions, and use hard proof to show, not tell, them about a need.

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NewsMay 9, 2013

NADA Extends Deadline for Dealership Workforce Study

Dealers interested in participating now have until June 30 to provide feedback for the annual study. Association officials said the deadline was extended in response to dealer requests.

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NewsMay 9, 2013

Prestige Executes $350 Million Portfolio Securitization

Prestige completed its eleventh and largest rated term securitization, issuing $350 million in securities backed by more than $353 million automobile installment receivables.

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NewsMay 9, 2013

Friendly Finance Enters Three New Markets

The subprime auto finance source is now operational in 15 states after entering the Arizona, Colorado and Minnesota markets.

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NewsMay 9, 2013

VASS Helps Dealers Boost CSI Scores

VASS Automotive Customer Testimonial Pages announced it will now include a CSI component in its software to help auto dealers increase their scores.

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NewsMay 9, 2013

Hudson Cook Adds Jed Mayk as Partner

The new partner will establish the firm’s West Chester, Pa., office, and will be focused on state and federal consumer finance laws for banks and non-bank consumer credit providers.

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NewsMay 9, 2013

Santander Plans IPO

Santander Consumer USA and three other equity firms are planning to list Santander in the coming months to take advantage of favorable market conditions to sell shares.

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NewsMay 7, 2013

[Video] Tip of the Week: Customer, May I?

UDS’ Gerry Gould has a suggestion for how to treat your customers. And it starts with being polite.

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NewsMay 7, 2013

FTC: Credit Report Errors Result in Less Favorable Loan Terms

A recent study by the Federal Trade Commission determined that, for five percent of consumers, credit report errors led to them paying more for products such as auto loans and insurance.

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NewsMay 7, 2013

CFPB Takes Aim at F&I Products

The Consumer Financial Protection Bureau is reportedly looking into the sale of F&I add-ons, a move that comes less than two months after the bureau said it would hold indirect auto lenders responsible for lending practices it considers discriminatory.

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NewsMay 7, 2013

DealerSocket Launches Advanced Data-Mining Tool

DealerSocket is ready to release its RevenueRadar, an advanced database-mining tool that integrates with DealerSocket CRM and every major DMS.

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