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REFUND Plus® for CU Direct Clients
- Credit Unions
- Finance Companies
- Auto Dealers
Optimizing GAP Refunds for Early Loan Payoff
GAP refunds on auto loans have fallen under heightened scrutiny. Recent legislation and litigation continue to evolve and vary from state to state. Financial institutions selling GAP must have a defined process in place for managing the refund process in a timely, accurate, and compliant way.
WHAT IS REFUND PLUS®?
REFUND Plus® helps you maintain processes for better regulatory compliance with an end-to-end service that enables you to recover refunds faster, improve accuracy of refunds, and maintain an auditable trail of the entire refund process.
API INTEGRATION AVAILABLE FOR CU DIRECT CLIENTS
CU Direct clients can leverage the integration to automatically send required files to REFUND Plus®.
• No manual work is required to send loan, dealer, and product information to REFUND Plus® because files are secured automatically via the API integration
• You can get started with REFUND Plus® quicker and easier with reduced implementation time
HOW IT WORKS
Not a CU Direct Client? Visit our main REFUND Plus® page for all other users here!