Rate Sheet

(redirected from Rate Sheets)

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 ?
The legitimate reasons are embedded in the rate sheets lenders produce daily for their loan officers.
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.
That was sort of our first [Software as a Service] business, that people were willing to trust us with their rate sheets. That company was acquired by a publicly traded company.
(19) Actual sample rate sheets can be found, for instance, at www.53.com/ wholesale-mortgage/wholesale-rate-sheets.html.
While rate sheets can convey this information, CUDL said face-to-face interaction helped keep dealers on track with sending loan applications the credit union could fund, raise LTB rates and keep loan rejection rates low.
"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. SIM cards come with a +44 UK mobile number and offer free incoming calls in over 50 countries, as well as discounted outbound.
* Pull together enrollment materials: computers, enrollment software, back-up paper applications, extra brochures and rate sheets, employee log sheet, bills, plan inventory, quote sheets, waiver forms, service request forms and employee files.
A great boss knows the difference between "managing" and "leading." If you are the boss, you know that we manage "things" and lead "people." You manage meetings, calendars, production schedules, rate sheets, etc.