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Alternative Data and Buy-Here, Pay-Here

  • Posted by FactorTrust
  • On September 24, 2015
by Scott Brackin Transportation is a key factor in upward mobility in the U.S. In many parts of the country, it is nearly impossible to work without a vehicle. However, in order to buy a vehicle, one must have credit. For the owner and operator of a buy-here, pay-here store (BHPH), the operator is in […]
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2 factors that make serving millennials intricate

  • Posted by FactorTrust
  • On September 15, 2015
“In fact, FactorTrust determined millennials make up the largest percentage of non-prime auto applicants at 43 percent.” Veteran salespeople might remember how the process unfolded 25 years ago when a friend of a friend suggested the buyer go to a certain dealership. Then, shoppers looked over printed vehicle brochures, walked the lot with store personnel and spent […]
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