A user can come to our site, apply just once, and have their loan funded by the end of the day...
Philadelphia, PA (PRWEB) March 07, 2013
Today, more than 70% of Pennsylvania consumers finance their vehicles, and many consumers report what a rocky road this process can be, especially those with less than stellar credit. Pennsylvania Auto Finance, a statewide loan-matching service, is responding with new web technology that will revolutionize the financing process for many applicants.
The crux of the new process is the company's web-based credit application, which can be found through their website: http://www.pennautofinance.com. The application is only one page long, and all data is transferred via SSL protocol in order to ensure data privacy and security. Each applicant's data enters the firm's approval platform, an online marketplace where dealers and lenders from across the state of Pennsylvania can bid to fund the applicant's loan. This process keeps the user from being forced to apply for a loan through multiple PA car loan lenders or dealers, and it ensures that the user's application is placed with the company who wants their business the most.
Once the user's application has been placed, they are pre-approved for financing. They will be contacted by a vehicle financing specialist in order to discuss their options, loan terms, down payments, and vehicle choices. Proof of income and residence is required. Once these details are squared away, the consumer can purchase his or her vehicle from a dealership in their area.
"Our approval process saves consumers a wealth of time, money, and effort," remarked one senior official at the company. "A user can come to our site, apply just once, and have their loan funded by the end of the day." He went on to say that the process works for both new and used vehicles, and that all credit scores are welcome.
About Pennsylvania Auto Finance: serving the entire state, Pennsylvania Auto Finance places consumers with lenders willing to approve them for the vehicle loan they need. They work with clients of various credit backgrounds and income brackets, and they have a very extensive statewide network of lenders, dealers, and BHPH car lots.