Q: Why should lenders use a single system of record for their F&I product cancellations and refunds?
A: Regulators want answers and transparency – a single solution provides that. On average, lenders are using 2-3 systems to facilitate their refund and cancellation process for F&I products. Until now, there was no other way to do it. With Refund Control, you can manage the entire process within one application and leverage a workflow and reporting tool to their specific business needs, without employing other systems.
Schedule a demo to find out more today.