Wednesday, January 19, 2011

New Car Dealers, You Have a Future in Buy Here Pay Here, Part 4 - Loan Origination

In Buy Here Pay Here, selling the car is not the difficult part. The hard part is deciding on who and how to give credit to your customers. This is called Loan Origination and believe it or not, it is the key to success in BHPH. A good loan, good collections and a good customer all start at the time the loan is originated. In this article I will discuss the basics and give you some tips for

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