Although consumer demand is still constrained to pre-recession levels, new and used car sales levels are trending positively. The industry-wide auto sales/transactions level in 2012 increased approximately 13.4% to 14.5 million transactions from the prior year and is expected to increase to 15.5 million transactions in 2013. Current sub-prime auto finance market is approximately 80% of peak 2006-2007 levels.
Our Loan Management System captures customer information gathered from our point of sale customer relationships and serviced receivables throughout the life of our relationship with the dealer and the customer. Data gathered includes customer credit behavior and payment patterns. By combining and storing such information, we establish an analytical database linking “static” historical data with “dynamic” actual customer performance. Our portal interfaces and business intelligence tools allows ACC management to access and analyze information on demand.
