Word-of-mouth advertising is priceless. Give your members an auto financing experience that’ll be shared with friends.
Did you know that 30% of vehicle buyers select their financing source from a pre-approval? CUDL SMART Approval is one of the best services to provide to members that are ready to buy a vehicle.
Nearly 90% of members finance their vehicles at the dealership – and most dread the “financing” part of the buying process the most. With CUDL SMART Approval, your credit union will change the way members think of auto financing by making their experiences painless and simple. By easily getting pre-approved financing from your credit union’s website, your members save time, money and are given peace-of-mind that they have their credit union’s loan waiting for them at the dealership – an experience your members will want to share with friends. And to make things even more convenient for your members, they can now apply for a pre-approved loan from your credit union anywhere, any time with our CUDL AutoSMART Mobile Apps.
The CUDL SMART Approval process is simple.
- From your credit union’s CUDL AutoSMART website or the CUDL AutoSMART Mobile Apps, members apply for a loan
- An immediate loan decision is provided based on your credit union’s lending parameters and criteria
- Members that are approved receive a pre-approval certificate that can be taken to a CUDL dealership
- Loan decisions are linked to the CUDL system so that your members’ loans are ready for them when they go to pick up their vehicles