Laws built to protect consumers prohibit mobile-home product sales reps from doing double responsibility as loan officers unless they obtain a split permit. They are able to offer the mobile home, however they may well not guide buyers up to a financing option that is particular.
Peter Shaw, whom manages Clayton’s great deal in Gallup, brand New Mexico, denied that their workers guide Navajo purchasers to Vanderbilt loans. He could be “100%” certain it does not happen, he stated, due to the fact business trains its employees that doing this could be “strictly resistant to the law. Continue reading “HOW CLAYTON SELLS LOANS TO MINORITIES”