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Hello everyone,

I'm wondering what everyone is seeing in regards to lease rate approval trends.

What percentage of your leases are being approved and how has that changed over the last 6 months, and 1,2, and 3 years?

Any thoughts on lease approval percentage when leased through the vendor's in-house leasing groups or specific third party lenders (e.g. GE, DLL, US Bank etc)?
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I thought we had a thread similar to this and maybe even a poll.

I would say that 90% of my deals are getting approved by the likes of GE, DLL, Great America, etc, however I am pre-screening customers now and not even taking apps from some, due to thier industry and or financial status. Some have bought and others have tried elsewhere, thus the reason my approval rate is high is because of the pre-screening and I believe would be far lower than 90%.

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