SUB PRIME Risk
Companies Sub Prime Recovery
Bad things happen to good
people for many reasons which impacts a credit rating.
Financing is about the ability to pay, however in some cases financing a vehicle or other mobile
asset is near impossible with challenged credit.
Finance companies and car dealers can secure and protect
assets and give people a chance to rebuild credit where they
wouldn't otherwise be able to make a purchase. It is
much easier to grant credit when you can reduce the risk.
Unitracking GPS is your key in the puzzle to increase your
sales of new and used car sales without increasing the risk
of bad debts. Being able to recover an asset when you
know the customer has stopped paying.
With Unitracking you are
more likely to get the approval based on limiting or
reducing the risk.
In House Financing
(Good credit, no credit, not problem)
Using your own in house
money to finance a customer is risky enough however the
rewards are much greater if you limit your risk and keep the
financing profits in house. Keep your premium
customers close to you and hang the paper of higher risk
customers with the financing companies. Make
Unitracking GPS part of the equation to limit risk.