Tough Decisions High Delinquency Flashcards
1
Q
Top of mountains clouds
A
(S) Address specific dealers with high delinquencies (O) Dealer was only sending subprime deals. (A) Implemented a plan with the Dealer Relations Manager to monitor dealers with C & D paper identifying poor performers. After tracking deals for several months and showing pattern of non-compliance (R) Curtailed lesser quality buying and minimized approvals.
