Once a dealer has been contacted, this is the amount of days they have to withdraw their funds or the BC can initiate a re-advance on their behalf.
What is 10 business days?
These are the 2 loan types that are followed up on.
What is a Capital Loan & RLOC?
The Notepad in Dealer Finance that is used to document all Duplicate Vin information.
What is the Dealer Summary Notepad?
W.T.A.
What is Wholesale Transfer Agreement?
When reviewing the DCMA Overline Report, this is the percentage of the current wholesale outstandings that a dealer's DMCA must exceed for contact to be made.
What is 100%?
WSR reviews the Insurance Follow-Up Database for Revolving Lines of Credit and Capital Loans where the insurance policies are expiring within this amount of days.
What is 45 days?
When a VIN appears on the Duplicate Vin report 3 or more times, this is who you escalate it to.
Who is the TL and DC-SUP?
F.C.T.P.
What is Ford/Lincoln Courtesy Transportation Program?
Once the DMCA Overline Report has been completed, this is who the TL submits the report to for review.
Who is DC/WS Sup?
Once a WSR receives the updated insurance certificates, this is who reviews the certificates to ensure they meet requirements.
Who is DCA / DCS / DCS-Specialty-Designee?
DAILY DOUBLE
The number of days the WSR has to complete the Duplicate Vin report based on the report run date.
F.R.A.C
What is Ford Rent-A-Car?
Monitoring DCMA procedure number.
What is Procedure 410/002?
This is the frequency that a TL reviews the Insurance Follow-Up Database for dealers with expiration dates of 5 days or less and provides a list to the OM DC.
What is weekly?
Duplicate Vin Procedure.
What is procedure 425 (section 5)?
G.L.O.O.B.
What is the General Leger Out Of Balance?