July 7th, 2021 Release

General Notice:

This update release is scheduled to occur on the morning of July 7th, 2021.

CRM DATA EXPORT:

A fix was added for the issue preventing downloading of the requested data export.

ARE 3.0:

• Add ability to score a deal in ARE 3.0 with no available Credit Bureau

  • A default Risk Score has been added to ARE 3.0 when no Credit Bureau information is available which provides an Aligned Risk Score of .3011.

  • The scoring Engine order of operation:

    • Bureau Risk Score

    • No Hit Alternate Risk Score

    • Default Risk Score

  • DS Screen will alert users when the “No Bureau Default” Risk Score is being used for a Buyer or Co-Buyer.

  • Deal inputs such as Cash Down will affect the Final Score.

  • Override / Underride available

• This will give your location the ability to complete the scoring process, review the Deal and make the appropriate decision for your Customer and Location.

DS Screen Examples:

Buyer

Combined Buyer / Co-Buyer

The following release was executed today July 6th 2021

Forms:

Per the Annual Legal Update the following Retail Installment Contracts were updated:

40000-KY Retail Installment Contract – Affects KY locations

The Kentucky Retail Installment Contract was updated per the McGlinchey annual review. The Jury Trial Waiver section was removed, and a sentence was removed from the Insurance section.

If you have any questions regarding this release, please contact the Service Desk at 800.234.7507 or contact your local Franchise Consultant.