RoadLoans.com Named Preferred Auto Lender for Cars.com Customers
Consumers can shop for and finance vehicles from the leading automotive Web site
DALLAS--April 9, 2012: Online automotive research site Cars.com has selected
Road Loans as its exclusive lender for its online customers. Visitors to the website can get pre-approved for auto financing as part of their automotive shopping experience.
Road Loans is a leading online auto lender specializing in new and used auto financing for customers with all types of credit seeking a direct lending experience. RoadLoans.com also offers customers the opportunity to refinance an existing auto loan. Founded in 1997,
Road Loans is owned by Santander Consumer USA Inc., a leading automotive finance company in the U.S.
Consumers shopping at Cars.com will have the option to select financing as part of their search for a particular vehicle. Once at the Car Financing Center, shoppers can complete a secure online loan application and receive a loan decision in less than a minute. Consumers may customize their auto loan, selecting their preferences for Annual Percentage Rate ("APR"), loan term (months) and down payment amount. Consumers will also benefit from educational tools such as payment calculators, car videos, online chat with an auto loan specialist, and contact information for the dealer selling the vehicle.
"Cars.com and RoadLoans.com are leaders in the online car shopping market, and are uniquely positioned to connect approved consumers with participating dealers," says Lana Johnson, vice president of originations for Santander Consumer USA.
"RoadLoans has helped hundreds of thousands of people receive auto financing before they ever set foot in a dealership, which removes much of the anxiety consumers feel when they purchase a car," adds Johnson. "Cars.com is a trusted brand by millions of people, and their Web presence coupled with our finance capabilities allow us to help more customers purchase a car."
"Cars.com is thrilled to work with RoadLoans.com to offer real-time finance decisions to our customers by a trusted, global banking leader like Santander," says Mark Seaton, director of new business for Cars.com.
"Cars.com customers will be more empowered than ever to get the vehicle they are looking for with a pre-approved voucher from a respected lender. RoadLoans.com has the ability to offer competitive financing to all credit types from prime, to non-prime to sub-prime, which was very important to us," stated Seaton. "Cars.com is a premier site and brand among auto shoppers, and by working with RoadLoans.com we deliver a true win for our customers and dealers."