Navigation: Dealer Setup > Dealer Setup Screens > Dealers Screen > Name/Info tab >
Limits field group
Use this field group to indicate rate, term, and amount limits for the dealer being created/edited on this screen.
These fields are optional. If any of these fields do not contain information, the dealer will not have those limit values imposed.
The fields in this field group are as follows:
Field |
Description |
Mnemonic: DLDFLT |
Use this field to indicate the default interest rate the dealer can offer its customers. |
Mnemonic: DLMXPT |
Use this field to indicate the dealer's maximum participation rate. |
Mnemonic: DLMNAT/DLMXAT |
Use these fields to indicate the dollar amount range the dealer is allowed to loan its customers. Requests for amounts higher or lower than this range will be automatically rejected. |
Mnemonic: DLMNTM/DLMXTM |
Use these fields to indicate the term length range (in number of months) the dealer is allowed to set for customer loans. Requests for term lengths higher or lower than this range will be automatically rejected. |
Mnemonic: DLMNAP/DLMXAP |
Use these fields to indicate the APR range the dealer is allowed to set for customer loans. Requests for rates higher or lower than this range will be automatically rejected. |
Mnemonic: DLGTOB |
This field displays the total number of outstanding loans the dealer has secured through your company. |
Mnemonic: DLLIAB |
Use this field to indicate the liability limit the dealer is protected for. This amount can include garage liability, crime, property damage, umbrella coverage, etc. |
Mnemonic: N/A |
Use this field to indicate the expiration date of the dealer's Liability coverage. |