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Dealers’ Choice Awards voters have ranked US Equity Advantage as the top provider in the Biweekly Payments category for the fifth consecutive year.
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Billy Jackson has joined US Equity Advantage as a regional account manager. He will be responsible for servicing the company’s biweekly loan program with dealership partners across multiple states.
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USEA implements code of ethics and a certification test for its dealership partners. The move comes more than three months after the NADA notified members that the FTC was investigating biweekly payment programs.
Read More →Four providers of biweekly payment providers responded on May 20 to a memo the NADA issued to its members on May 8. They say the association overlooked key benefits when it cautioned dealers about how such products are presented to consumers.
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Auto Dealer TV's Jennifer Nebrich reports on the NADA's memo regarding biweekly payment products, the FTC's settlements with Nissan and 10 dealers, and setbacks for Tesla in Missouri and with Toyota.
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