The Marine Retailers Association of the Americas announced Thursday that it is partnering with Priority One Financial Services to host an educational webinar on “What You Need to Know about Credit Bureaus,” for MRAA members.
Hosted by Eric Craig, senior dealer account executive of Priority One, this webinar, which will be held Thursday, November 3, at 2 p.m. Eastern, will provide information to consider in the top three credit bureaus, what lenders review to determine loan approvals, tips on how to turn current declines into future approvals, and more.
“As the lending environment for boat buyers continues to improve, it’s critical for dealers to understand how they can help their financing customers,” said Matt Gruhn, president of MRAA. “We’re thrilled to be able to bring Eric and Priority One’s expertise in this area to benefit our members."
MRAA and Priority One have partnered on several projects over the last few years. As a Premier Partner member of MRAA, Priority One created the Bonus Bucks program, which pays MRAA Members $5 for every loan fulfilled through Priority One. Additionally, Priority One’s team of experts wrote the PCI Compliance Guide, a 44-page book that helps dealers ensure they are in compliance with numerous finance-related federal regulations. Priority One staff members have also spoken at MRAA’s Marine Retail University and Marine Dealer Conference & Expo events several times over the last five years.
“In todays market, the F&I department has such an important role in the dealership’s sales process,” said Eric Craig, senior account executive of Priority One Financial Services. “To be truly spectacular at F&I, the first step is knowing how the lenders will evaluate your customer’s credit.”
MRAA Members can enroll for the webinar by clicking here.