“We were immediately impressed with Aimbridge`s people, program and systems,” Jones said. “We have considered several programs and interviewed many credit unions and CUSOs that already use Aimbridge. Credit unions in the Ohio market have highly recommended Aimbridge and the executives I spoke to were very excited about the program. Because we are structured differently from most indirect credit programs, we needed a flexible provider capable of adapting its solution for our implementation. Aimbridge is very professional, fully service oriented and has the know-how to work in our hybrid environment. With CUDL, you have a set of features that are seamlessly integrated into your credit platform. The result is the most comprehensive consumer financing solution for your distributor. CULS will work a little differently than most CUSO indirect credit programs. The owners have teamed up to consolidate the origin, access and service aspects of indirect loans. Credit unions acquire stakes in loans that have been taken out. The risk is thus distributed proportionately among the credit unions of investors. In a typically indirect program, each credit union receives 100 per cent of the credits it funds. The Credit Union A can get a loan of 20,000 A which gives 4.5 percent, and The Credit Union B can get a loan of 45,000 C which gives 8.4 percent, but this is much more likely that there is a default.
In the case of CULS` participatory credit unions, each receives a proportional share of each loan and pro-rata shares of the loan`s delivery. As underwriting is done at CULS, there is less conflict between the credit union`s direct program and the indirect program. Maintenance is performed with the CUSO, including billing, payment booking, collection, communication, withdrawal and expropriation. CUDL employees helped us build strategic relationships with local credit unions that we did not have access to. provides immediate access to accurate customer credit refund data We currently accept franchised dealers in the following countries: AL, FL, GA, IL, IN, KS, KY, MN, MO, NC, OK, SC, TN and VA View contact list for your assigned status. If your dealer is in one of the countries in which we are currently operating, please contact one of the contacts below (click on the name) to get started. Connect to the union`s largest network of loan-to-investment loan lenders based on risk-return by source of financing Often a well-equipped low-mileage car can be better value than a new car. However, they should research reliability, resale value and consumer satisfaction assessments. Buying from a merchant is much easier, but often private parties are the best deals. A carfax report is a good source of information about the history of a car. Once you`ve made a selection, download an app from our website and send it to us with the sales contract if you buy from a retailer, or a sales invoice and a copy of the check-in if you buy from a private party. POLAM will lend up to 100% of lending the value of Lending, as determined by Karpower, a division of Kelley Blue Book.