The merger creates what officials describe as the largest vehicle service contract payment plan provider in the United States. The new entity will operate under the PayLink Direct brand. Rebecca Howard, cofounder of PayLink Direct, will serve as CEO.
May 10, 2017
F&I professionals are outpacing the earnings of their colleagues in the sales department and even at the executive management level, and every attempt to relevel the playing field has its pros and cons.
November 25, 2015
Budco Financial has integrated its interest-free financing plan for service contracts into iTapMenu’s tablet F&I menu.
November 12, 2015
ACI Up Bill Payment Solutions will allow Westlake customers to pay their loans with a debit card or ACH, which can accept payments online, through a mobile device, or via phone or text.
March 17, 2015
F&I Administration Solutions LLC announced the integration of PayLink Payment Plans financing services into its dealer electronic rating and electronic contracting solution.
May 16, 2013
The Department of Labor is gearing up. The question is, will your pay plans be ready? Here's a primer to help you get them up to speed.
February 1, 2011
Sonic is hoping to double its F&I sales behind a new pricing strategy. The magazine talks to the group’s top F&I exec to get the details.
October 1, 2010
Sixty-day delinquencies are on the decline and credit quality continues to improve, but lenders still favored prime customers in the first quarter.
June 28, 2010
It’s still the one department where profits are made, but the F&I office can’t do it alone. Veteran trainer breaks through F&I’s five biggest roadblocks.
May 1, 2010
The auto finance market continued to stabilize in the fourth quarter, as the crash of 2008 continues to become a distant memory. New financing, however, will remain the domain
of the prime and superprime tiers in the months to come.
April 1, 2010
Service Payment Plan Inc. (SPP) introduced SPP University, an online resource that provides F&I professionals with access to sales training that instructs them how to sell vehicle service contract payment plans.
September 30, 2009
Automotive loans that are 60 days past due rose by 21.7 percent in the second quarter 2009 compared to the year-ago period, according to Experian Automotive.
September 10, 2009
The biweekly repayment option has definitely found a home in the industry, but are dealers selling themselves into lawsuits? Find out what you need to know about this burgeoning finance option before you offer it to your
September 1, 2009
National Payment Network (NPN), a provider of biweekly payment plans, launched the CustomPay Accelerated program, which allows dealers to have their commissions paid in full upon enrolling a customer.
August 25, 2009
The Balise Motors Sales Co. experienced a 55 percent increase in product sold per retail unit and an additional annual F&I product gross of over $1 million after using the U.S. Equity Advantage LLC (USEA) automated bi-weekly payment service.
August 18, 2009