Wednesday, Aug. 15, 2007, 08:00 PM UPDATED 11:59 AMBy Nick Zulovich
COSTA MESA, Calif. — Late Wednesday, NADAguides.com announced it struck an exclusive financing partnership with Carloan.com. Carloan.com covers the entire credit spectrum from prime to subprime.
With this service, new- and used-car buyers now have the ability to secure a car loan quickly and easily at NADAguides.com by submitting a free, one-minute online car loan application.
Depending on the customer's credit, this application is immediately routed to a qualified lender or to one of hundreds of accredited automotive retailers in the Carloan.com network, executives explained.
Officials pointed out that Carloan.com has a broad range of accredited lending partners and car dealers who specialize in strong customer service.
"CARLOAN.com and 1-800-CARLOAN are dedicated to helping people with all types of credit," executives said. "If you have excellent and established credit, you can apply for a direct loan from one of our direct lending partners. If you have ‘good' credit or have been turned down before, we will send your application to one of our auto dealers in our nationwide network.
"We only work with professional franchised auto dealerships who pride themselves on offering the customer exceptional service. At this time, though, we cannot help people who are looking to refinance their current vehicle, who are looking for a loan to buy a neighbor's car, or who are looking for a title loan on their current vehicle," executives noted on their site.
Moreover, they said the company's application process is secure and confidential, with stringent customer privacy and protection safeguards.
"NADAguides.com is dedicated to providing our customers with the most convenient car shopping and buying services available," noted Damon Bennett, director of business development for NADAguides.com.
"And we're committed to partnering with top-tier organizations such as Carloan.com, organizations that put customer service, privacy and protection above all else. We're excited about this partnership and look forward to a long and successful relationship," he added.
Meanwhile, Travis Weisleder, general manager of InterActive Financial Marketing Group, a division of Dominion Enterprises, said, "We try to partner with the best in the industry and NADAguides.com fits the bill. They have been providing quality service for nearly 75 years and we are honored to be associated with such a well-respected organization."
Launched in 1989, specializes in providing vehicle financing to customers with all types of credit. Since its inception, the company said it has processed more than 3 million loan applications in an encrypted and secure environment.
Explaining a bit about the company, officials said, "Interactive Financial Marketing Group was formed by a family that has been helping people obtain auto financing since 1989. IFMG provides customers with a non-embarrassing, non-confrontational, approach to automobile financing. Almost 80 percent of the adult population have had a credit blemish."
Executives noted that specializes in a broad range of vehicle services, including pricing and specification information for new and used cars, trucks, SUVs, vans, van conversions, classic cars, boats, motorcycles, RVs, ATVs, personal watercraft and snowmobiles.
Moreover, the company provides new-car incentive and rebates information, reviews and previews, new- and used-car side-by-side comparisons, vehicle history reports, credit check services, car insurance services, new car tips and advice and car buying and selling programs.