Anaheim, CA (PRWEB) October 30, 2013
CashCall®, Inc., a premier consumer finance lender, has announced that the company will originate and service auto loans effective immediately. The newly formed CashCall Auto Loan Division will deliver specialized solutions to auto dealers for consumers, across varying credit levels.
On October 28, 2013, CashCall started accepting auto loan applications from franchise and independent auto dealerships in California. Plans for a nationwide rollout and direct-to-the-consumer auto lending are expected in the future. Auto loans range in amounts up to $25,000, and apply to customers with a FICO score above 475. CashCall offers six different loan programs including one for self-employed and first-time buyers.
“CashCall’s 10-plus years in the lending industry provides auto dealerships with the security and confidence of knowing that we will be here to fund their loans long after many other auto loan startup companies have come and gone,” said Louis Ochoa, Vice President of Loan Servicing for CashCall, Inc. “We’ve assembled a great team of seasoned automotive finance professionals who will be able to help serve the automobile dealerships.”
“We are very excited to offer customers with less-than-perfect credit a solution rather than having them turned away by the dealership. This has been our core business objective since the inception of CashCall in 2003. Our programs provide loans for these individuals who would not otherwise be able to purchase an automobile,” Ochoa said.
CashCall is looking to create a full spectrum of products to offer to its customers to complement the current mortgage, micro business and unsecured consumer loan products.
The auto loan product supports the company’s customer-centric and technologically innovative approach to lending. The product launch is the latest in a series of corporate initiatives focusing on leadership in consumer lending. Earlier this year, CashCall announced the appointment of Chief Marketing Officer Ethan Taub, previously of ConsumerDirect®, an industry pioneer in consumer credit, money and identity technologies, along with CashCall CIO James Kiyohara’s new technology team to support these new initiatives. The company recently redesigned its mortgage and consumer loans websites and logo, as well as it enhanced its social media presence.
Dealers who wish to participate in the program may call 855-801-2886 or email email@example.com .
About CashCall, Inc.
Founded in 2003, Anaheim, Calif.-based CashCall, Inc. is one of the nation's premier lenders, specializing in mortgage, personal, small business and auto loans, and dedicated to providing exceptional customer service. CashCall simplifies the loan process with innovative technologies to make the process faster, smarter and hassle-free. For more information about CashCall or to apply for a loan, visit http://www.cashcall.com or call 866-708-CASH.