Monthly Archives: March 2015

//March

Let MyLoans fill the hole left by indirect auto financing

By | March 12th, 2015|News|

Is it really worth 1%? And by "it" I mean indirect auto financing.  I understand that its been around forever, but this paragraph from the FDIC has me realizing why so many MyLoans customers use patient financing as a consumer lending alternative to failing or failed indirect auto financing programs. Competition in the automobile lending market, driven [...]

The results are in!

By | March 6th, 2015|News|

The award for Best Software for New Revenue in a Financial Institution goes to...........MyLoans! Ok, that might have been a bit predictable given the site I'm writing this on, but the numbers don't lie. From January 1st, 2014 until December 31st, 2014, financial institutions embracing patient financing through MyLoans have enjoyed the following successes: Average interest rate per [...]