Rate Sheet

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Rate Sheet

A schedule that a bank distributes to auto dealerships stating amounts of money that the bank will pay the dealership for each incremental interest rate the dealership manages to convince the customer to pay. That is, a dealership may have an arrangement with a bank whereby the bank provides financing for the dealership's sales. If the dealership is able to convince a customer to accept a higher interest rate, the bank earns a higher profit. As a result, it offers a monetary incentive to the dealership to encourage this. The rate sheet states how much money the bank pays for each interest rate.
References in periodicals archive ?
They managed to solve the problem of complex rate sheets and decode the rates.
With the BancWorks' solution, the bank has significantly improved access to information, such as rate sheets for loans or deposits, documents and other essential forms, all of which improve customer service.
Prepare rate sheets and reports on an as needed basis as requested.
Many aren't required by law to disclose that many of these major lending institutions are manufacturing their own internal rate sheets.
This prominent PPE deals with so much mortgage data on a daily basis, processing thousands of rate sheets per day, that the Federal Reserve Board is even a client.
It's just that over the last few months, people got used to seeing a four on the rate sheets.
At the height of the boom, brokers typically worked from rate sheets provided by lenders.
This is a white label offering, where interested distributors can brand SIM cards as their own, and generate customised tariff rate sheets.
Also available are trail maps, rate sheets, road reports, weather reports and ski reports.
You manage meetings, calendars, production schedules, rate sheets, etc.
An alternative way of understanding the problem with using APRs for fair-lending compliance comes from noting that many lenders do not permit their loan officers to deviate from their rate sheets (i.
In the past, HomeSide was awash in manuals and program guides; each morning it would fax out rate sheets.