SEMINAR CONTENT & AGENDA

5 COURSES TO CHOSE FROM

 A.C.T.S.

1 MANAGEMENT SEMINAR

2 CREDIT BUREAU TRAINING 101

3 APPLICATIONS, INTERVIEWS, DISCOVERY

4 LENDER RESOURCES AND DESKING SOLUTIONS

5 BANKRUPTCY CUSTOMER (LENDERS & LEAD SOURCES)

All Courses Include a Certificate Provided by ACTS

                                                                                     

COURSE 1

                                Management Seminar

This is an all day seminar from 8:30 to 4:30.  It combines all of the courses we have available into a one day comprehensive seminar providing your staff the proper tools to Identify Process and Fund additional sub-prime deals without hiring additional staff increasing not only volume but also gross.  The 4 topics that have been found most beneficial in this complete course  includes:  Our ACTS Identification Process, our Advanced Credit training, our Customer Profile and Lender Guide, and our Unique Interview and Discovery Process. A workbook is provided containing our Customer Profile & Lender Guide in addition to all the course content and reference material.  This Course includes Lunch provided by ACTS.    

 

 

 
( 8:30AM – 4:30PM MANAGEMENT SEMINAR)
·        Introduction & program purpose with overview
·        Pre-test on overall knowledge of special finance
·        Benefits of special finance customers
·        ACTS Identification Process
·        Featured Lender Presentation 
·        Credit Application Exercise
·        Credit Bureau Explanation
·        Credit weight, depth, trends and what to look for
·        Credit Applications
·        Credit Interview
·        Featured Lender Presentation 
·        The (4) ingredients you look for in a deal
·        PTI/DTI
·        Deal structure & Advance
·        Customer Profile Matrix
·        Matrix Example & Exercise
·        Bankruptcy
·        Featured Lead Source Provider
·        Stipulations
·        Clean & Quick Funding
·        Department Tracking
·        Customer Profile & Lender Guide (cheat sheets)
·        Final review and going forward
·        A.C.T.S. Final Exam 





COURSE 2

                 Credit Bureau Training 101 (Experian)

This is a 2 hour session covering all the material contained within the Experian credit Bureau.  We teach how to properly read and understand this information through the use of Experian Corporate material and our Instructors.  A very complete workbook is provided for future reference material.  This training is most useful for increasing better decisions on sub-prime/secondary or first time profiles.  Once the session is completed you will never look at a score as the deciding factor on a deal.     



(CREDIT BUREAU TRAINING 101 2 HOURS)
·        How do YOU read a bureau (is this western funding an auto???) 
·        How Gary reads a bureau (like a lender's score car)
·        What is considered a cycle and a countable trade
·        Credit Weight, Depth, Trends, and what to look for
·        Tricks on county collections
·        (ACTS quick look to Experian) everything pertaining to the Car Business
·        Experian's Glossary of Account Conditions and Payment Status
·        Profile Summary
·        Experian's Credit Profile Report
·        What to look for on a Bankruptcy Customers                                
·       
Experian's 12 common questions
·        Article 7 (how your credit score is REALLY calculated)
·        Experian's contact information


                            


COURSE 3

                     Applications, Interviews & Discovery

This is a 2 hour session designed to elevate your discovery and interview process regarding all types of credit customers.  We teach a proven interview process that has been successful for many years at increasing the ability to secure tough loans and limiting or eliminating funding issues on all types of credit customer loans.  A workbook is provided for reference and/or evidence manual material.  This has been well received and applied to numerous dealerships within Arizona and California.


(APPLICATIONS, INTERVIEWS & DISCOVERY 2 HOURS)

·        Applications (What is acceptable what is not)
·     Investigating these 7 topics will help you identify a deal 
·        Get off of your seat and meet the customer (sell yourself)
·        Interviewing your customer respectfully
·        Interview Role-Play find the 4 discrepancies
·        (POI questions and Rent,  from ACTS)
·    What to do if they wont car themselves down
·        Earning the trust of the customer is key
·        Evidence Guide (12 questions, how credit is weighted, Inquiries)

 

 

                               


 

 

 

 

 

 

                                    

                                         COURSE 4

                  Lender Resources and Desking Solutions

This is a 3 1/2 hour session designed to provide available lender financing programs, In-line structure, funding guidelines and calculations. A unique desking tool will be provided along with a thorough explanation of use for any credit situation your customer may have. A workbook is provided containing our Customer Profile & Lender Guide in addition to all the course content and reference material. 


(LENDER RESOURCES AND DESKING SOLUTIONS SEMINAR 3.5 HOURS)
·        Introduction SCORE is only a point of reference
·       The Art of Identifying a deal (Lender Funnel, Surfing, Rehash, TD's) 
·       PTI / DTI
·       Calculating income (Hourly, YTD, Bi-Weekly)
·       Calculating Advance (Plus, Inclusive, LTV)
·       Customer Profile Matrix (Desking Guide)
·       How to use the Matrix (Exercise) Customer Profile to Correct Lender
·       Lenders (Asses which lenders you have)
·       Lender Cheat Sheets & Contacts  
·       Stipulations and Funding (Clean and Quick)
·       Featured Lender Presentation


                                           
                                          COURSE 5


             
Bankruptcy Customer (Lenders & Lead Sources)
This is a 2 1/2 hour session covering all phases, status and benefits of working bankruptcy customers. Bankruptcy filings are up 32% year over year and are a great source for additional deals for your dealership. We include specialty lender sources, navigation of P.A.C.E.R., the Docket Report & Schedules and provide proven lead sources. A workbook is provided with all content and reference material.


(BANKRUPTCY SEMINAR 2.5 HOURS)

·        Introduction to Bankruptcy
·        Purpose / Bankruptcy Market
·        Terms & Definitions (Bankruptcy Language)
·        Timeline (BK life) Number of Years on Credit
·        Credit Apps & Bureau
·        Applications / Interviews / Discovery
·        Pacer / Docket Report / Statements & Schedules
·        Stipulations & Funding (BK)
·        Bankruptcy Lenders
·        Featured Bankruptcy Lead Source Provider

 

 

 

 

 

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