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XpressCredit Forges New Relationship With Consumer Auto Finance

July 14, 2009

SYRACUSE, N.Y. — XpressCredit announced Monday that Consumer Auto Finance Inc. of Waco, Texas, adopted its credit aggregation system (CAS) and has become a lending source for the auto dealers on the XpressCredit platform in Texas.

“The addition of Consumer Auto Finance as a lending source on the XpressCredit platform provides a great opportunity for our Texas auto dealers to turn more inventory and raise profit levels. The dealers on the XpressCredit aggregation platform will make a positive impact on Consumer Auto’s loan volume and profitability,” said XpressCredit Executive Vice President, Mark Louer.

Adam McKee, credit & underwriting manager at Consumer Auto Finance added, “Consumer Auto Finance is excited to partner with XpressCredit and is looking forward to utilizing their CAS as a tool to efficiently filter and decision indirect financing contracts while simultaneously expanding our dealer base.”

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