Lenders Protection Program Overview
- Generate Auto Loan Growth
- Earn Higher Yields
- Manage Risk Effectively
- Sophisticated RISK-BASED Pricing
- ZERO Implementation Cost
- 7-10 Days Launch
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Quick Facts
- Over $1.5 Billion in loans originated since 2004
- Consistent net yields up to 2% or more
- Served over 150 Lenders
- FICO's down to 580
- Extended terms to 72 months
- Loan-To-Value up to 125% plus backend products
Lenders Protection
Lenders Protection is a risk management program with default insurance coverage allowing approval for near/non prime automobile loans. Lenders Protection allows credit unions to customize their specific credit union costs and desired ROA while utilizing the Lenders Protection pricing engine.
