Portfolio issued the following memo.
To clarify where we stand regarding lender approval of our California GAP forms, here are the
F&I Sentinel lenders that have reviewed and approved our forms:
• Toyota Financial Services and Mazda Financial Services
• Nissan Motor Acceptance Corporation and Infiniti Motor Acceptance Corporation
• VW Credit, Inc. and Audi Financial Services
• Hyundai Motor Finance, Kia Finance America, and Genesis Finance
• Chrysler Capital and Santander Consumer USA
• American Honda Finance Corp. and Acura Financial Services
We have also secured approval with the following lenders:
• Ally Financial
• Ford Motor Credit Corporation
• Wells Fargo
As of the date of this memo, we are awaiting approval with the following lender:
• JPMorgan Chase Bank