983 Old Eagle School, Suite 616 Wayne, PA 19087 PHONE: 800-446-5950 FAX: 610-254-9893 LENDER'S SINGLE INTEREST (LSI)
Collections Manager_________________ Phone (_____)_____________ LOAN UNDERWRITING Downpayment: ___% new auto; ___% used auto. Maximum debt/income ratio ____%. Do you use a credit scoring system? ( ) Yes ( ) No If yes, what kind?_______________ Are dealers set up under full/partial recourse? ( ) Yes ( ) No Repurchase? ( ) Yes ( ) No INSURANCE INFORMATION Do you verify insurance coverage before a loan is granted? ( ) Yes ( ) No Do you follow-up on the insurance status of each loan? ( ) Yes ( ) No If yes, do you use an automated tracking service? Name_______________________________ Do you intend to continue follow-up/tracking of insurance? ( ) Yes ( ) No Do you use LSI (or VSI/blanket) to protect you auto loans? ( ) Yes ( ) No Agency:_______________ Company:___________________ Policy Date:____/____/____ Premium per: $_____auto direct $_____indirect $_____RV $_____boat $_____mobile home Deductible: $_________ Limits $_________ Are skip losses covered? ( ) Yes ( ) No Cancelled/non-renewed:_____/_____/_____. Will coverage continue on portfolio? ( ) Yes ( ) No Signing this
application does not bind the applicant nor the
Company/Underwriters to complete this insurance. _________________________________
___________ __________________________ _________________ |
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