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Dealer Division News

Effective April 29th, 2013:

If you have any questions regarding the following information, please contact a Dealer Division representative.

  • In response to a growing number of early payoffs, effective immediately, any loan paid in full prior to collection of the third amortized payment, will be subject to chargeback.This applies only to loans originated after 4/29/2013.

  • Beginning May 2013, STAR will generate new dealer reserve statement formats. It is our intent to streamline this process and deliver as much information electronically to our dealer partners as possible. Watch for these changes and additional enhancements in the future.