Universal Lenders LLC Lowers Zero Plan® Fees Charged To Its Retailers
OAK PARK, Ill. - Universal Lenders LLC and the ZERO Plan®, a leading provider of 0% installment payment plans to the transportation industry, released their 2017 ZERO Plan® Fee & Guideline Schedule to its network of retailers and agents with an effective date of January 1st 2017.
Facing near term market interest rate increases the ZERO Plan® not only did not raise the cost to their retailers but, in fact, was able to reduce the fees charged on the most popular customer terms.
Jeff Jacobs CEO and founder of Universal Lenders LLC added “By working with our retailers and creating greater efficiencies we were able to reduce our retailer’s transaction expense in a higher interest rate environment”
For more information on the ZERO Plan® please visit www.the-zero-plan.com
More Industry
Kia Closes Out Summer With a Bang
Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.
Read More →
Indiana Dealership Changes Hands
A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.
Read More →
Texas Dealership No Longer in the Family
The Ford store, a longtime cornerstone of the Houston market, is now part of one of the fastest-growing U.S. auto groups.
Read More →
Genesis Grows California Presence
The Cardinale Automotive Group opened its third Genesis rooftop in the Golden State, Genesis of San Bruno, a stand-alone dealership serving the San Francisco Bay Area.
Read More →
August Auto Sales a Mixed Bag
An early forecast shows strong business despite consumer hurdles, and hybrids are a big piece of their affordability coping strategy.
Read More →
EV Market Humming Along
July sales show steady growth as the segment stabilizes from last year’s artificial surge following pullback of federal support.
Read More →
Auto Loan Delinquency Rates Stabilize
Auto loans are a main driver of nonmortgage consumer debt, but delinquency rates stabilized in the second quarter across all credit risk tiers.
Read More →
EV Sales Recover in Q2
The EV sales roller coaster continues as numbers show improvement, but industry experts predict a year-over-year third-quarter decline and fourth-quarter jump.
Read More →
The Cheapest Hybrids to Fuel
The powertrain is increasing in popularity, in no small part due to its fuel economy. A new report lists the most efficient hybrids on the market.
Read More →
Hybrids and SUVs Gaining Ground
The most recent Kelley Blue Book Brand Watch found that only two nonluxury brands increased in shopper consideration, buoyed by their hybrid and SUV offerings.
Read More →