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Old 02-24-2009, 09:04 AM   #1
XDCX
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Default 130% CFC Advance for high FICO customers

In a recent Conference Call Jim Press indicated that CFC would increase their advance to 130% for certain high FICO customers in an effort to stimulate sales. Has it worked?

How does 130% advance compare to most of your other lenders?
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Old 02-24-2009, 09:40 AM   #2
CarguyCO
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As soon as you show me a 900 FICO score, I'll show you Chrysler accepting that deal..

We are struggling to get them to take any deals even when the equity position is 30%!

Anybody else?
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Old 02-26-2009, 04:26 PM   #3
village1
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They are the biggest bag of a--holes breathing air right now
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Old 02-26-2009, 08:17 PM   #4
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Quote:
Originally Posted by village1 View Post
They are the biggest bag of a--holes breathing air right now
So, I'm guessing that your answer to the question is no?

Hopefully we'll get some more feedback and we'll find someone who's had some success with CFC. If not, that's OK, we'll just have to figure out where to send the deals to get them funded.
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Old 02-27-2009, 09:36 AM   #5
dafuzz1956
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Xman optomism is a great thing to have and on this thread you got it
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