Copyright © 2011, DataScan Technologies LLC
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All rights reserved.
Billing & Payments
What to Expect When Payments Are Due
•
Billing statements are posted on the first of each month.
•
The daily cutoff time for same day dealer transactions is 3 p.m. CST.
Billing Statements
Billing statements may be viewed in DAS. You can also export statements to a PDF or Excel
spreadsheet.
The first section of the billing statement includes a summary of total due and past due amounts.
The statement lists each collateral type – New GM, Used, Used Demo, etc. and the amount
owed for each.
Payoff Requirements
The payoff schedule for floorplanned units is the earlier of two business days from the time of
funding or up to 10 business days from the time the vehicle is sold, or as otherwise stated in
your dealer agreement.
Day of the Month
1 11
20
21
30/31
Floorplan Interest Charge
X
Past Due
Dealer Loan (Non Floorplan)
X Past Due
Floorplan Curtailments
X
Past Due
