NAFCU Services Corporation (NSC) Selects Auto Financial Group for Auto Balloon Finance Program
"Preferred Partner” status means enhanced benefits and discounts for NAFCU credit unions and their members.

Washington, DC - NAFCU Services Corporation (NSC) announced today that it has selected Auto Financial Group (AFG) as its “Preferred Partner” for auto balloon note financing for credit unions. The Preferred Partner title was awarded to Auto Financial Group after a highly competitive review that involved an in-depth analysis of each firm’s experience, quality and commitment to the credit union industry.

“In a rising interest rate market coupled with a highly competitive vehicle financing market, the need for competing alternatives is becoming more critical for credit unions as borrowers have many creative financing programs available,” notes NSC President and CEO, Keith Nolan. “Winning lenders will allow consumers to select the financing plan to obtain the vehicle of their choice at a payment they find affordable. The auto balloon note financing solution available through AFG allows credit unions to offer the most competitive financing solutions in the industry today,” he adds.

NSC’s Preferred Partner Program offers some thirty products and services from approximately twenty preferred partners to NSC’s member credit unions across the country.

“Preferred Partner status with NSC is an exciting milestone for us,” states AFG President Richard Epley. “It is an important acknowledgement of the quality of our balloon note financing solution, and gives AFG a respected national presence.”

About Auto Financial Group, Inc.
Auto Financial Group, Inc. is a Houston-based company that provides Driving Sense™, an online residual based auto financing product for credit unions and other financial institutions. With Driving Sense™, credit unions can "build" a vehicle for their members, compare payment terms with conventional loans, and offer their members lower payments (often as much as 40 percent lower), flexible two- to six- year terms, actual ownership of the vehicle and several end-of-term options.

Auto Financial Group removes the financial risk to the credit union by guaranteeing the predetermined residual value of the vehicle through third party insurance, as well as handling the vehicle’s disposition. Auto Financial Group is paid one low administration fee for each Driving Sense™ loan, while the credit union earns all the interest. For more information, visit www.autofinancialgroup.com.