Insights – DigniFi

Keeping Drivers Prepared: How DigniFi Addresses the True Cost of Car Care

Overview According to AAA, owning a vehicle is more expensive than many drivers realize, with the total cost of ownership exceeding $10,000 annually. Despite these high costs, one in three Americans (64 million drivers) are unprepared to pay for unexpected car repairs without going into debt (AAA Article). With everyday repair bills ranging from $500 […]

Driving Affordability in a Changing Market: How DigniFi Helps Dealerships Address Rising Repair Costs

Overview With vehicle repair costs surging nearly 20% in 2023, many drivers are feeling the financial strain like never before. For dealerships, this presents a unique challenge and opportunity. Customers are seeking ways to afford repairs, and dealerships that offer access to easy, accessible financing can capture these sales while strengthening customer trust and loyalty. […]

*All credit products are issued by WebBank. The DigniFi Interest Waived Program applies to all approved customers. Interest will be charged to your account from account opening at 9.99%‐36.00% APR If the full loan amount is not paid within the first 90 days. A minimum monthly payment is required. Additional principal payments will be required to pay off the loan amount before the promotion expires. Interest will be waived if you make all of your scheduled payments on time and pay off your loan in full within the first 90 days. The application generally takes a few minutes. All applications are subject to approval pursuant to standard underwriting criteria. The maximum approved amount, terms, and the Annual Percentage Rate (APR) will be based on an evaluation of credit history. WebBank funds the repair amount once repairs are completed, and documents are executed.

** Depending on program used, an origination fee is 3-4%.

†All DigniFi ExpressWay credit cards are issued by WebBank. An annual fee of up to $79 may apply. Six-month deferred interest promotional offer is available on all approved purchases of $350 or more using the DigniFi ExpressWay credit card. No interest will be charged on the promotional purchase if you pay the promotional purchase amount in full within 6 months. If you do not, interest will be charged on the promotional purchase from the purchase date. A minimum monthly payment is required. The required minimum monthly payments may not pay off the promotional purchase by the end of the promotional period. Account must be open and current to be eligible for this offer. Regular account terms apply to non-promotional purchases and, after promotion ends, to your promotional purchases. Please see any special promotion advertising or other disclosures provided to you for the full terms of any special promotion offered. All applications for credit are based on an evaluation of credit history. The annual percentage rate (APR) ranges from 27.99%–36%. If you are charged interest, the charge will be no less than $2.00. Additionally, pricing may vary based on your ExpressWay transaction amount, between $350–$7,500, in combination with the monthly term of your Promotional Credit Plan. Your final APR will be illustrated on your final purchase receipt, emailed to you at the time of the transaction, and located by logging into your account.