Overview

This guide covers the specific settings for the Vehicle Loan product, including refinance options, vehicle criteria, and rate management.

Vehicle Criteria

Use this section to determine the criteria for what vehicles are considered "new" vs "used" and vehicle age restrictions.

Vehicle Condition Criteria

1. Maximum Mileage: Enter the mileage limit (e.g., 1,000) for a vehicle to qualify as new.

2. Maximum Vehicle Model Year: Use the dropdown to select the age threshold (e.g., "Current or previous year"). Vehicles newer than this selection will automatically be treated as "New".

3. Default Vehicle Condition: Use this dropdown to select the default condition to use when we do not yet have the vehicle information.

Maximum Vehicle Age

Use this setting to specify the oldest vehicles for which loans are offered. Users will not be able to select a vehicle that is older than this age.

Vehicle Categories and Subcategories

Manage the different types of vehicles members can apply for under this product.

1. Category Management: View primary categories like Car, Recreational Vehicle, Motorcycle/Powersport, and Boat.

2. Sub-types: For complex categories (like Recreational Vehicle), you can see how many sub-types are configured.

3. Status: Use the dropdown to set an option to Active (visible to all), Hidden (not visible).

4. Rate Table Configured: Select the specific rate sheet (e.g., Rate Sheet A or Z) that applies to this Vehicle Category type.

5. Edit/Delete and Category Configuration: Click the three-dot menu (...) on the far right of any row to modify or delete a category.

Edit Category Options

Categories without Sub-Categories

1. Category Name: Update the internal and member-facing name for this vehicle type.

2. Select Icon: Choose a representative icon to display to the member during the application process.

3. Status: Set an option to Active (visible to all), Hidden (not visible).

4. Deep Link: This will auto-fill, no changes needed.

5. Mapped Rate Table: The rate sheet associated with this category.

6. Form Type: Assign Template by selecting Standard Car, Watercraft, or Non-Standard Car based on the vehicle type to ensure the applicant receives the correct set of questions. See the Form Types section below for more information.

7. Transaction Type Toggles: These toggles will allow/prevent users to select transaction types outside of the standard purchase. Options include: Trade-In, Lease Buyout, Standard Refinance, Refinance with Cashout and Title Loans.

   1. All options except for Trade-In and Lease buyout allow for a different rate sheet to be configured. Select Default Rate Table to use the rate sheet mapped to the category.

Categories with Sub-Categories

1. Category Name: Update the internal and member-facing name for this vehicle type.

2. Select Icon: Choose a representative icon to display to the member during the application process.

3. Status: Set an option to Active (visible to all), Hidden (not visible).

4. Deep Link: This will auto-fill, no changes needed.

Sub-Categories

1. Sub-Category Name: Update the internal and member-facing name for this vehicle type.

2. Status: Set an option to Active (visible to all), Hidden (not visible).

3. Deep Link: This will auto-fill, no changes needed.

4. Mapped Rate Table: The rate sheet associated with this sub-category.

5. Form Type: Assign Template by selecting Standard Car, Watercraft, or Non-Standard Car based on the vehicle type to ensure the applicant receives the correct set of questions. See the Form Types section below for more information.

6. Transaction Type Toggles: These toggles will allow/prevent users to select transaction types outside of the standard purchase. Options include: Standard Refinance, Refinance with Cashout and Title Loans.

   1. All options allow for a different rate sheet to be configured. Select Default Rate Table to use the rate sheet mapped to the category.

Form Types

• Standard Car

  • Definition: The default form designed for typical passenger vehicles. It prioritizes standard data points like Make, Model, and Mileage.

  • Examples: Sedans, SUVs, Pickup Trucks, and Minivans.

• Watercraft

  • Definition: A specialized form designed to capture marine-specific details that differ from road vehicles.

  • Examples: Power boats, Fishing boats, Jet Skis (PWC), and Pontoon boats.

• Non-Standard Car

  • Definition: Used for vehicles that do not fit the traditional "Standard Car" data model, often requiring information for specialized registration or valuation.

  • Form: Make and Model

  • Examples: Recreational Vehicles (RVs), Motorhomes, Campers, and specialized Powersports like ATVs or Snowmobiles.

Transaction Type Member UI

See below for how different transaction type options are presented to members

Saving Changes

After making edits in the sidebar, click the Save button at the bottom of the panel to return to the main configuration screen.

Rate Table Management

Before making changes, it is important to understand how these two components work together:

• The Rate Table (View-Only): The table you see on your dashboard screen is a live preview of your current configuration. It displays rate sheets that have your active tiers, interest rates, criteria's and loan limits but cannot be edited directly on the screen.

• The Rate Sheet (Editable File): To change any data in the table, you must download the Rate Sheet (Recommended) or Start From Blank template, update it in Excel, and re-upload it. This sheet acts as the "source of truth" that updates the dashboard view.

Saving

Click the Save button at the top right of the page to store your configurations.