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Non-Prime Lending

We're all about Non-Prime Lending in this group. We'll address everything from available capital to repo techniques.

Members: 197
Latest Activity: Jan 18

Discussion Forum

Contingent Field Service & Bell & Williams Associates

Started by Adam Herbert Oct 10, 2012.

Flagship Adds Two to Sales Team

Started by JJ Hornblass Aug 16, 2011.

Collateral Recovery

Started by Clark D Thomas, PhD Jan 8, 2011.

What is the real cost of warehouse line? 1 Reply

Started by Kyle Murphy. Last reply by Gerald Parker Nov 2, 2010.

My Two Cents on Non-Prime Marketing

Started by Eric Watson Mar 16, 2010.

So Long, Advances -- Hello, Recourse Lending 3 Replies

Started by Marcie Belles. Last reply by Curtis Webster Feb 17, 2010.

ZimpleAuto video

Started by Steve Rabago Dec 29, 2009.

Starting Up Again 6 Replies

Started by Marcie Belles. Last reply by Joe Bruner Nov 18, 2009.

Non-Prime Auto News

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Comment by William Fowler on May 2, 2011 at 9:58am
E-net offers dealers and lenders a loan approval process that engages all parties at the same time to share information live over the internet while making a loan decision based on each lenders risk base models.

Dealers, lenders, and other financial institutions are required to provide more transaction transparency, reporting, and accountability to the customer during the origination process. Because of these new requirements balancing data security with business user needs for easy, anytime, anywhere information access is a challenge that many dealers and lenders face. E-net's secure, compliant, SaaS, private cloud system links all parties and their information in a secure system while making lender and risk model decisions. This process enhances capabilities in data management, multiple party online communication, lender risk model analysis, risk management, storage, and compliance. Then it encripts and up loads the data to the proper parties.
Comment by Holly Ferris on January 31, 2011 at 3:02pm

"Go Green—Use Electronic Document Management"

Read the latest blog post by Jim Kubera of NetFinance Solutions.

Click here for the full post...

Comment by Jason Buchanan on January 6, 2011 at 2:55pm
Dealerships are responsible for giving the consumer a RBP Credit Score Disclosure Exception Notice since they are the origination source prior to contracting. Please visit Experian's Risk Based Pricing site for a pre-recorded webinar after registration. http://www.experian.com/consumer-information/risk-based-pricing-rul...
Comment by William Fowler on January 6, 2011 at 9:34am
Tod you may also want to visit:

Compli - Cool, Calm and Compliant
Visit www.compli.com to learn more.

Comment by William Fowler on January 6, 2011 at 9:29am

Tod I suggest you go to this web site and seek your answer from the experts: http://www.credcoservices.com/signup/enet/ also visit my website.

https://www.enetfs.net/en/default.html

Bill Fowler

 

Comment by Todd Brister on January 6, 2011 at 9:14am
I am curious to know what people on the lending side are doing about the Risk-Based Pricing Disclosure.  Are you ignoring it?  Counting on the Dealer to do it?  Are you getting a copy of the disclosure from the Dealer?  Are you providing the notice to the Dealer?  Are you doing nothing different with your indirect processes?  Anybody want to share?
Comment by Holly Ferris on January 3, 2011 at 3:41pm
Large lenders often have the people-power and million dollar plus budgets necessary to purchase and implement technology to improve operations.  Small- and medium-sized lenders generally don't.  Download this free White Paper from NetFinance Solutions to learn how access to the Internet and web-based applications can help small- and mid-market lenders better compete in the auto lending industry.
Comment by Glenn S. Gottfried on November 1, 2010 at 1:09pm
Please check out the featured article on GripFin in Auto Finance News' October publication from the 2010 Auto Finance Summit

AFN Article
Comment by Glenn S. Gottfried on October 8, 2010 at 6:37pm
I am excited about joining the Non-Prime Lending group and am looking forward to participating in providing relevant information and interaction. I would like to introduce you to GripFin, which provides financial transaction advisory services to auto portfolio originators, sellers and buyers of all sizes and credit spectrums. Please visit my profile and website (gripfin.com) for further details.
Comment by Kelly Barbour on June 29, 2010 at 9:22am
It's not too late...to increase asset recovery rate and auction valuations! Join me and participate in a web event on June 29th at 2:00pm during which time CARS will demonstrate technology and services which consistently provide the industry's highest repossession recovery rate and some of the industry's highest returns at auction. Reserve your Webinar seat now at: http://lnkd.in/c3448g Please contact Kelly Barbour at 919 518 2277 x117 if you have any questions.
 

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