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eLEND BLOG

  • 09.09.2014 |
    A Wake-up Call on ID Fraud Leads to More Sales

    Benny Boyd Auto Group lost four vehicles to ID fraud. But by adopting a tiny, powerful ID scanner, and a new ‘MUST SCAN-IT PROCESS”, he not only shut down fake-ID scams, he increased sales 10% storewide. Have you ever had a vehicle bought (and hence, stolen) with a fraudulent ID? Lost a vehicle to a […]

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  • 07.09.2014 |
    If the CFPB Axes Dealer Reserve – How Would the Sales & Financing Process Change?

    Let’s Shut Out the Noise – and Think Logically About What a Post-Reserve Processes Would Look Like – and Why The CFPB is pressuring to eliminate dealer finance participation, and wants lenders to move to flat fee payments to prevent potential discriminatory lending. Hardly a newsflash. But over this last year of very loud saber […]

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  • 02.09.2014 |
    A Post Dealer Reserve World: What Would the Sales Process Really Look Like?

    By Pete MacInnis, Founder & CEO, E-Lend Solutions (a DealerCentric company)   The auto retailing world is currently consumed by the CFPB’s threats to unleash new regulations aimed at curbing potential discriminatory lending practices – and reduce or eliminate dealer participation in the finance contract process. The saber rattling from every side just gets LOUDER. […]

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