“The Virginia Credit Union League is excited about our new partnership with PDP to provide electronic liens and title services to our credit unions.
Hunt Valley, Md. (PRWEB) October 31, 2014
The Virginia Credit Union League (http://www.vacul.org), based in Lynchburg, Virginia, is endorsing PDP Group Inc. (http://www.pdpgroupinc.com) as the exclusive electronic lien and titling (ELT) service provider in Virginia. PDP’s service is currently live across the commonwealth in anticipation of ELT becoming mandatory in October 2015.
“The Virginia Credit Union League is excited about our new partnership with PDP to provide electronic liens and title services to our credit unions. Since Virginia’s DMV will be mandating electronic filing by October 2015, we wanted to have a product available for Virginia credit unions to be able to use. After our research we think PDP is the right provider for us in terms of service and price,” executive vice president at the Virginia Credit Union League, Terry Childress said.
PDP Group’s SimplyELT© service will allow credit unions to manage their automobile titles and other documents electronically within the state of Virginia. SimplyELT is presently available in all 19 states that offer ELT. Virginia will become the 7th state to change to mandatory electronic titling.
SimplyELT provides clients with electronic access to their titles without the involvement of lender or dealer personnel, DMV staff, or an auto buyer. Electronic services also eliminate fraud, as the system minimizes manual processing.
The Virginia Credit Union League represents 155 credit unions across the Commonwealth of Virginia. The VA CUL provides political advocacy, industry education and training for staff and volunteers, and numerous resources for operations, including compliance assistance.
PDP Group Inc. is celebrating their 40th anniversary in 2014. Since starting business in 1974, PDP has expanded services beyond offering insurance solutions to vehicle dealers and manufacturers, to include insurance tracking, contract management, vehicle title storage and electronic lien and title to the auto lending community.
For more information, contact PDP Group Inc. at (800) 666-3008 or visit http://www.SimplyELT.com .