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Auto Loan Default Protection
- Credit Unions
- Finance Companies
- Auto Dealers
Our auto loan default programs help you to expand your portfolio by identifying and targeting a greater number of high-yielding direct and indirect loan opportunities. With these programs, you can offer near-prime or non-prime auto loans to potential borrowers who have marginalized credit.
These loans are accompanied by default insurance coverage to help protect your financial institution from any added risks enabling you to safely serve this underserved market. Sophisticated risk-based pricing models and carefully established ROA targets help you to achieve a program that is both profitable and successful.