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"We live in a house that I purchased entirely with money I had before we were married."
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How Red Sox win streak impacts trade deadline, playoff race, more ESPNRed Sox tie franchise record with 15th consecutive victory The Boston Globe15 in a row! Boston on a winning streak 80 years in the making MLB.comWhy baseball fans everywhere should be excited for streaking Red Sox The New York TimesRed Sox extend winning streak to 15 games, tying franchise record set in 1946 CBS Sports
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Auto lenders and dealerships should not ignore car buyers with lower credit scores, Armando Hidalgo, director of servicing at SameDay Auto Finance, said in a panel discussion at the Auto Finance Summit this month in Las Vegas.
With many of those consumers "now needing credit, it is a good opportunity for us to capture some of that market," Hidalgo said. It is "also a good opportunity for borrowers to reestablish themselves."
Auto lenders can manage the risks of customers with lower credit scores by informing those consumers ahead of time and by keeping in touch with them often, Hidalgo said.
"It is up to us to make sure that we put them in the right path of success," he added.
Have a good auto finance and insurance tip to share? Email Automotive News F&I reporters John Huetter at john.huetter@crain.com and Paige Hodder at paige.hodder@crain.com. See more F&I tips at autonews.com/topic/fi-tips.
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