LEXINGTON, Ky. — Dealers’ Financial Services LLC (DFS) has announced that it will join the DealerTrack network of automotive dealers and financing sources. DFS believes the partnership will help to promote the MILES (Military Installment Loan and Educational Services) program, which was created by DFS to assist and protect active-duty military personnel when purchasing an automobile.
“We are pleased to add DFS to our growing network,” said David Trinder, senior vice president of network solutions at DealerTrack. “The efficiencies driven by our online credit application system will benefit DFS as well as participating dealers and their customers, and we look forward to a long and mutually beneficial relationship.”
Through the DFS and DealerTrack integration, MILES Certified Dealerships will be able to use DealerTrack for application submission to the program, which offers automated and immediate loan approvals, according to DFS.
“The majority of our MILES Certified Dealerships are already active users of DealerTrack,” said Steve Hoback, senior vice president at DFS. "We are excited to join the DealerTrack network because it allows us the opportunity to provide our dealership customer the ease and speed to assist the MILES military customer in their auto purchasing and financing experience."