first time · 2019. 3. 19. · what is “buyers training”? “buyers training” is the direct...
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![Page 1: FIRST TIME · 2019. 3. 19. · WHAT IS “BUYERS TRAINING”? “Buyers Training” is the direct result of a combined effort between Viers Auto Sales and Team One Credit Union. We](https://reader036.vdocuments.net/reader036/viewer/2022090505/601a68b040f6f56c7208d9f5/html5/thumbnails/1.jpg)
TeamOneCU.org
DON’T MISS THIS OPPORTUNITY!
Are you ready to start your journey to financial success?
Here are 2 easy ways to participate and get more information.
1. Logontowww.viersautosales.com/firsttimebuyers formoreinformation,includingcourseschedulesortojoinoure-maillist.
2. CallViers Auto Salesat810-667-5447tospeakdirectlywitharepresentative.
FIRST TIME
PROGRAM
Start your journey to financial success.
![Page 2: FIRST TIME · 2019. 3. 19. · WHAT IS “BUYERS TRAINING”? “Buyers Training” is the direct result of a combined effort between Viers Auto Sales and Team One Credit Union. We](https://reader036.vdocuments.net/reader036/viewer/2022090505/601a68b040f6f56c7208d9f5/html5/thumbnails/2.jpg)
WHAT IS “BUYERS TRAINING”?
“Buyers Training”isthedirectresultofacombinedeffortbetweenViersAutoSalesandTeamOneCreditUnion.Wenoticedanunfortunatetrend,mostFirstTimeBuyersarebeingsetupforfailure.LoanqualificationsforFirstTimeBuyersareoften,notfavorable,requiringlargedownpayments,co-signersandhighinterestrates.Mostwillsignforamuchhigherpaymentthantheycanafford.
FormostFirstTimeBuyers,financingisaconfusing,newlanguage.MostU.S.householdsdonotdiscussfinancialresponsibilityandit’svirtuallyabsentintheclassroom.Wedecideditwastimetocreateandofferaresponsibleapproachtohelpingouryoungadultsstartoutontherightpath.
“We couldn’t drive without Drivers Training…
We shouldn’t buy without “Buyers Training”.
The concept is, “Education Promotes Success”. Byeducatingouryoungadultsonthebasicsoffinancing,vehicleselection,andbudgeting,wearepreparingthemtosucceed.Ourprogramisuniqueinthatitbringstogethertheexpertiseofanautodealer,Viersandafinancialinstitution,TeamOneCreditUnion!TheFirstTimeBuyersTrainingProgramPilotisalenderanddealercooperativeprogramthateducatestheFirstTimeBuyerandwillproviderelevantinformationforyearstocome.
Youngadultsthatcompletethiscourseandmeetunderwritingqualificationswillbeeligibletoobtainanautoloanwithagreat,lowrate!
DO I QUALIFY?
The“Buyers Training”programisdesignedforyoungadultswithnopreviouscreditexperience.However,anyonecantakethecourse.
Requirementsforloanqualificationuponcompletionofthecourse:
1. MusthaveavalidMichiganDriver’sLicenseandbe18yearsorolderwithnoderogatorycredit(excludingmedicalbills).
2. Musthave3monthsminimumjobtime(6monthsfortempjobs)withnomorethan2jobsinthelastyear.
3. Incomemustbeverifiable.Cash&seasonaljobsdonotqualify.
4. MusthaveaGrossMonthlyIncomeof$1,235.00orhigher.
5. MustmeetTeamOneCreditUnionmembershiprequirements.
HERE’S WHAT IT LOOKS LIKE!
Participantsofthe“Buyers Training” programwillhavetheoptiontoattendoneofourgroupcoursesorrequestadownloadablestudyguide.
Grouptrainingcourselocationswillvaryfrommonth-to-month.Logontowww.viersautosales.com/firsttimebuyerstoaccessthelistofup-comingeventsinyourarea.
Thisshortcoursewillcover:1. THEPRICEYOUPAYFORCREDIT2. FINANCIALRESPONSIBILITY3. BASICBUDGETING4. HOWCREDITWORKS5. UNDERSTANDINGFINANCING6. VEHICLESELECTION1017. ANCILLARYPRODUCTS8. CREDITUNION1019. GLOSSARYOFDEFINITIONS
Uponcompletionofthiscourse,youwillbeaskedtopassamultiplechoicetestandcompleteawrittenbudget.Thetopicscoveredinthiscoursewillinformandempoweryou!
Success!
Uponcompletionof“Buyer’s Training”,youwillreceiveaCertificateofCompletion,offeringyoutheopportunitytoapplyforthisuniqueFirstTimeBuyersautoloan.
This“Buyer’s Training”programisonly availableatViersAutoSales withfinancingprovided byTeamOne CreditUnion!