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Aug 18, 2009
CarQuotes Partners with Integrated Lending TechnologiesCarQuotes Corporation, one of the country's leading automobile research and buying services, announces a nationwide partnership agreement with ILT to provide credit unions with a best-in-class vehicle purchasing and lending service. "ILT's Dealer Indirect Lending and Leasing System (DILLS) is a technologically advanced tool that automates and simplifies indirect lending," said Bill Eveline, president of CarQuotes. "Teaming up with ILT makes it easier for our credit union partners to take better control of their lending processes and capture more quality loans." "Our credit union clients have been looking for an online auto shopping service for their members, while dealers have asked us to make their products more visible to credit union members," said William McGregor, president of ILT. "CarQuotes has the industry's most comprehensive car buying portal, and our partnership will make automobile selection, pricing and lending easier and faster for the member, the credit union and the dealer." The credit union CarQuotes website gives consumers the tools to research vehicles by type, technical specifications, year, make, model, options, fuel efficiency and price range. Shoppers can make side-by-side comparisons and then receive a Target Pricing Report on the car of their choice that empowers them to negotiate the best price from their local dealer. Throughout the research process, the credit union's brand is prominently featured with links back to the automated lending technology provided by ILT. About CarQuotes Corporation CarQuotes (www.carquotes.com), headquartered in Deerfield, Ill., is one of the nation's leading automobile buying services and, since its inception in 1979, has provided consumers with over $400 million in savings on their vehicle purchases. The company's sophisticated services give credit unions and their members the critical tools to make auto purchasing and financing a seamless, worry-free experience. CarQuotes' advanced technology services for credit unions include CarQuotes on Demand, an automotive transaction platform. « Back to News & Press |