First 1 is now Onpoint
On August 6, 2011, First 1 Financial Corporation officially became Onpoint Financial Corporation. We've changed to a more modern, easier-to-use name, but we remain the same great company our participating auto dealers are used to. All of our products and services remain the same. We look forward to serving you as Onpoint!
Debit Cards Promote Dealerships *
by Jeffrey Bellant
Dealers are using debit cards and gift cards in new ways to market their business and serve customers.
MORE
*Courtesy of Used Car News. Subscriptions are
available without charge to qualified businesspeople. Visit eusedcarnews.com/ucn-in-print,
or call 1-800-794-0760.
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A Message from the President of Onpoint Financial Corporation
Recently, another automobile loan company notified its dealers that it was changing its underwriting guidelines due to problems in the credit industry. As a result of these changes, many customers will no longer be eligible to finance their vehicles through this company, and dealers will lose business. While other loan companies are cutting back, we promise we are as strong as ever, and we want your business.
We know that, like most people, you're worried about the economy, and need every opportunity to finance customers because fewer people are qualifying for loans. Your business depends on financing so you can move inventory. We want to let you know that Onpoint Financial Corporation won't let you down.
Because so many of you manage your businesses properly, and give us good loans to collect, we're stronger than ever. We will still finance anyone with a valid driver's license and a job. So, while your competitors are having a hard time financing people, you can still advertise to the world that you can provide financing for your customers. We hope this will give you the chance to actually increase your business during these difficult times.
Thanks for your business, and we look forward to serving you in the future.
Vincent A. Cogliano Jr., President
Onpoint Financial Corporation
October 6, 2008
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