Module 3: Loan Closing and Contract Preparation
- We use the Credit Contract System from Carleton Financial
- This program is a complete F&I package specially designed for today's Buy-Here Pay-Here operations
- The software offers unprecedented flexibility in adapting to state and local requirements, as well your businesses special needs
- This product gives a reliable document preparation system you can take into the future without major investments along the way
- The system manages Four Main Tasks: (1) links to the Auto Master System Inventory; (2) it keeps a database of individual transactions; (2) it performs the appropriate financial calculations; and (3) it prints the transaction information on your forms
- The system will work with virtually any form
- The software gives the ability to structure deals that make sense for you and your customers, within the regulatory constraints that apply in your situation
- Consider the following advantages:
- Link to the Auto Master System car inventory
- Weekly, Biweekly, Semi-Monthly, and Monthly Contracts
- The availability of credit life, accident and health, and property insurance using any number of rate schedules
- A variety of interest calculation methods, including straight simple interest rates, UCCC rate structures, and add-on rates
- The ability to perform automatic checks against the maximum interest charge permitted in your state
- Any number of fixed or calculated fees and taxes
- Single payment transactions
- Post directly to the Accounts Receivable module using data created by the Credit Contract System module
- Carleton stands ready to support your transactions
- In the face of challenges to your contracts, this means peace of mind you can count on.
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