NEWS & EVENTS

Economic Advantages Corp. Partners with The Impact Group
Dulles, VA - July 28, 2008

The Impact Group, a leading provider of F&I menu and presentation software, has teamed with Economic Advantages Corporation (EAC), a leading provider of biweekly loan acceleration programs to deliver EAC's "Bi-Auto" program through Impact's newest offering, FUSION™.

Impact has pioneered the innovation of a customized presentation interface, which provides EAC's affiliated agents with a seamless method of introducing the biweekly program to F&I customers.  The new biweekly presentation module begins with a customized, side-by-side comparison of the customer's accelerated equity and interest reduction through a biweekly payment plan versus a monthly payment plan.  A host of support tools accompany the interface, including a product video, frequently asked questions page, a customized amortization table to show the loan acceleration at each month over the term of the loan, valuable product affordability and up-selling tools, and integrated electronic enrollment submission with signature pad technology.

"Through advancing and redefining the biweekly payment presentation, we are seeing greater penetrations on the biweekly product as well as an increase in F&I product sales across the board," says Mark Thorpe, President of The Impact Group.  "It's the most efficient and effective process ever devised."

"As the nation's leading biweekly payment administrator, Economic Advantages Corporation is excited to add The Impact Group to its list of premier distribution partners. The Impact Group's cutting edge technology has blended superbly with EAC's advanced delivery channel via full DMS integration. Dealers can benefit from a seamless delivery process." said Ged Connolly, EAC's Executive Vice President of Sales and Marketing.

About The Impact Group

Founded in 1988, The Impact Group, Inc. is a nationally recognized automotive software development firm that services the finance & insurance industry. Impact specializes in increasing profitability and customer satisfaction through cutting-edge web technologies and a unique approach to the F&I department. Impact's programs include a robust, qualitative reporting module, certified DMS interface, electronic submission to administrators, and real time vehicle service contract rating. Impact provides custom development services for OEM's, third party administrators, and general agents.

 
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