|When||Aug 07, 2006 - Sep 01, 2006|
Woodland Hills, CA
Improve your F&I or special finance department with training using real deals. This includes credit applications, credit bureaus, stipulations for funding, such as pay stubs and phone bills, (Advent) software system, F&I menu selling software (ProProfitPlus), F&I forms printers, DMV and lender forms, and role playing in prime, subprime, leasing and cash scenerios. F&I presentations , objection handling, negotiating, disclosures and video taped evaluations are also included. Learn how to negotiate loan applications with lenders, manage cash flow and minimize contracts in transit. Establish and manage special finance and regular finance departments. Better interpret lender and credit bureau guidelines and calculate loan underwriting and interest - Rule of 78's or Simple Interest - as well as dealer reserve profit calculations. The program includes complete legal compliance training; Truth in Lending Regulation Z, Regulation B (equal credit opportunity act), Regulation M (leasing disclosures), Uniform Commercial Code, FTC used-car rule (buyer's guide), IRS cash reporting rule, LAW 552 and 553 disclosures, Holder in Due Course Doctrine, Magnuson-Moss Warranty Act, Gramm-Leach-Bliley Act, Safeguards Rule and the Patriot Act. For more information contact 1-800-255-9110 or e-mail [email protected].
College of Automotive Management