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
Far too many compensation plans are a patchwork of fixes that, in the end, make the plans more confusing and less impactful. The magazine’s F&I expert has the answer, a plan that accounts for a new market dynamic.
June 2, 2014
Downtown Auto Sales of the Palm Beaches repossessed a customer’s vehicle after he refused to pay an extra tire fee with his car payment. The dealer is now under investigation for violating state laws, including failure to abide by the contract.
January 9, 2014
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 magazine’s F&I columnist revisits pay plans and offers some
food for thought before, during and after negotiations.
July 5, 2011
The magazine’s F&I columnist offers a stern warning to dealers who decide to cut costs by penalizing employees for maximizing their pay plans.
May 10, 2011
Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc., announced the launch of PaymentDriver, a solution offering an online finance payment calculation service for automotive industry portals and Websites.
February 8, 2011
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