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Greenlight.com Teams Up with Credit Online to Expand Online Financing Options

August 28, 2000

Credit Online, Inc., a wholly owned subsidiary of Credit Management Solutions, Inc. (CMSI), has formed a partnership with Greenlight.com, an online car buying company, to offer new car buyers more options to quickly obtain online financing at the Greenlight.com Website.

By partnering with Credit Online, Greenlight.com can provide its customers with fast and convenient online financing through the patented CreditOnline network and CreditConnection(R) service. This technology instantly connects and customer's credit application to credit bureaus and multiple funding sources throughout the U.S. and Canada via the Internet.

The service is available 24 hours a day, seven days a week, expediting the credit approval process from days to minutes, according to Howard L. Tischler, Credit Online's president and CEO.

"Arranging financing can be the most complicated and time-consuming part of the new-car buying process," said Joel Manby, CEO of Greenlight.com. "By partnering with Credit Online's CreditConnection, Greenlight.com is able to simplify the process and assist all of our customers with their specific financing needs."

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