Where Serious Car Dealers
Meet Serious Car Buyers
Script
Dealer Name
Address
City ST Zip
Phone
Hello, May I speak with ____________?
Hello Mr./Mrs. __________, this is ________ with Dealership
Located in City and St
You have been PRE-QUALIFIED for an auto loan between $8,500 to $19,000 at an interest rate of 18.99%.
Great! Now Mr./Mrs. __________, all I need to do is ask you a few questions and to supply some information to determine if you continue to meet our pre-selected criteria. Also, Mr./Mrs. _________, I need to advise you that this call is being recorded for training and quality assurance purposes:
Borrower Information:
Borrower Name _______________________
Co Borrower Name _______________________
Address _______________________
City _______________________
State / Zip _______________________
Home Phone _______________________
Work Phone _______________________
Birth Date _______________________
How would you rate your credit?
___ Excellent
___ Good
___ Average
___ Needs help
___ Poor
Have you ever filed for bankruptcy?
___ No
___ Yes
If yes, ___Chapter, _______Filing Date, _______Discharge Date
Current Employment Information:
Current Employer _______________________
Job Title _______________________
Length of Employment _______________________
Salary _______________________
I have no other questions for you, and I need no other information from you, at this time. What would be a good time for a loan officer to call you to discuss all of your options? _____________ a.m./p.m.
Great! We look forward to speaking with you. If you have any questions before then, please call Dealer @ Phone. Have a good evening.
< If the customer is not interested in a loan >
Thank you for your time. If you change your mind, you can contact Dealer @ Phone
< If the customer's response is "How did I get on this list… I don't want my credit used for things like this" or something similar you must inform him or her of his or her right to opt out from promotional credit offers as follows: >
READ to client:
Example: PRESCREEN & OPT-OUT NOTICE: This "prescreened" offer of credit is based on information in your credit report indicating that you meet certain criteria. This offer is not guaranteed if you do not meet our criteria including providing acceptable collateral. If you do not want to receive prescreened offers of credit from this or any other companies, call the consumer reporting agencies toll-free, 1-888-567-8688 or visit the website at www.optoutprescreen.com; or write TransUnion Opt-Out Request PO Box 505, Woodlyn, PA 19094-0505, Equifax options, P.O. Box 740123 Atlanta, GA 30374, Experian Information Systems, Inc., P.O. Box 919, Allen, TX 75013
*TERMS AND CONDITIONS:
In order to qualify for a loan from GBA your credit will have to be the same or better than at the time of the prescreen. You will also be subject to the following minimum credit requirements for final approval. You must be 21 years of age or older with a monthly income of $2,150. Your monthly payment may not exceed 20% of your gross monthly income and 45% of your monthly debt. You will certify that all the information you provide on your application will be true and correct. GBA assumes no responsibility for incorrect information provided by the various credit reporting agencies. A significant equity investment may be required. Any bankruptcy must be discharged before the funding transaction can take place. If you meet all the criteria provided above GBA will provide financing to all qualified consumers and a guaranteed approval for a minimum amount of $5,500 to $39,000 depending on vehicle chosen, at a simple interest rate of 18.99 APR. and/or max state usury rate (whichever is higher); For example, for every $1000 financed @ 18.99% for a period of 60 months your payment will be $25.94 therefore if you finance $12,500 @ 60 months, your payment will be $324.19 on a new or pre-owned 2006 or newer vehicle with maximum 60,000 miles and a minimum book/invoice value of $7500. Minimum contract term of 24 months. See dealer for additional details. All dealer promotions and incentives are strictly the responsibility of the dealer and are not in any way connected to the financing offer from GBA.
