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Customer Credit Scores Enhance LeaseCompare.com, Eliminates Credit Discrimination

by Staff
November 12, 2002
2 min to read


Automobile Consumer Services, Inc.

(ACS), a specialist in online direct-to-consumer auto leasing, has expanded

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its LeaseCompare.com website to calculate lease payments using customer

credit scores. Consumers will know exactly what their auto lease payment will

be based on their personal credit history.



When consumers visit www.leasecompare.com, they access a loan/lease

comparison tool that allows them to evaluate financing options

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available from multiple lenders based on geography, vehicle, terms, and now

credit score. Through a series of short questions the site helps the visitor

gather all of the basic information needed to apply for a vehicle lease

online.



Through a partnership with www.myfico.com, individuals can obtain their

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personal credit score. With this information, a number of finance/lease

options are presented detailing such variables as monthly payments, mileage,

and vehicle residual values. Consumers can lock in the financing option that

best fits their needs and apply for credit online. Once approved, customers review lease documents prepared by ACS,

sign, and take delivery of their vehicle.

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"An additional benefit of applying for credit online is that

LeaseCompare.com does not discriminate based on race or gender," notes ACS

president and founder, Tarry Shebesta. "Discrimination continues to be a

problem in the financial industry. The face-to-face loan process is often

loaded with potential biases and this application procedure removes that

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possibility."



Current users can explore their financing needs at their convenience. The

ability to accurately determine lease payments without the hassle of checking

with numerous lenders is appealing to consumers.


About Automobile Consumer Services, Inc.

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Based in Cincinnati, Automobile Consumer Services, Inc. (ACS) is a provider of consumer automotive services, including car buying and leasing,

fleet resources, vehicle remarketing, and used vehicle sales.


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