MCLEAN, Va., Sept. 7, 2016 /PRNewswire/ -- E-Credit Express (ECE) — a fully patented, automated, online lender management platform (LMP) that connects dealers to over 1,300 lenders instantly — has recently entered into an agreement with NADA Used Car Guide, the leading provider of used vehicle values, to speed up the used vehicle sale and loan approval process.
The integration of NADA Used Car Guide's values into the ECE platform streamlines the dealer sales process and makes all vehicle value information available to lenders with the platform's credit application feature.
Mike Stanton, vice president and general manager of NADA Used Car Guide said, "We are proud the industry's most trusted vehicle values will be used in the E-Credit Express platform. Auto dealers will no longer have to go outside of the platform to include vital pricing information for lender approval. This ultimately makes for a faster sales process benefitting the customer."
According to Paul Pawlusiak, president of E-Credit Express, "Our lender management platform connects customers to banks and lenders instantly. With the values integrated by NADA Used Car Guide, lenders will be able to make quick, easy, 24/7 loan decisions in five minutes or less."
About E-Credit Express
E-Credit Express is an online, fully automated and comprehensive credit decision tool for auto lenders and dealers. The patented platform connects dealers and their customers with banks and lenders across the country for quick and easy financing approval online, 24 hours a day, 7 days a week. In addition, ECE automatically filters and scores customer credit, processes vehicle values, performs VIN checks and electronically signs and instantly contracts the deal simultaneously.
About NADA Used Car Guide, a division of J.D. Power
Since 1933, NADA Used Car Guide® has earned its reputation as the leading provider of vehicle valuation products, services and information to businesses throughout the U.S. and worldwide. Its editorial team collects and analyzes over 1 million combined automotive and truck wholesale and retail transactions per month. Its guidebooks, auction data, analysis and data solutions offer automotive/truck, finance, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. NADA Used Car Guide® and its logo are registered trademarks of National Automobile Dealers Association, used under license by J.D. Power and Associates.
SOURCE NADA Used Car Guide