Lending Solutions Inc. Forges a Collaborative Marketing Strategy with Experian; Program Assists in Recapturing Auto Loans for Credit Unions.ELGIN, Ill. -- Lending Solutions Inc., a provider of lending center services and consulting programs for financial institutions across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , announced it has formed an alliance with Costa Mesa Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif.-based Experian, a global information solutions company and one of the three primary credit reporting agencies in the nation. Lending Solutions and Experian have created a program to enable credit unions to recapture recapture n. in income tax, the requirement that the taxpayer pay the amount of tax savings from past years due to accelerated depreciation or deferred capital gains upon sale of property. (See: income tax) RECAPTURE, war. auto loans that were not originated at the member's credit union. Currently, many credit union members finance their auto loans at places other than their credit union. Experian and Lending Solutions will work together to identify and contact participating credit union members who are utilizing financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. elsewhere. Currently, Experian and Lending Solutions have 100 common credit union clients that are able to benefit from this new program. "Through this alliance with Experian, Lending Solutions creates a new program that further fulfills our goal of maximizing ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). for our credit union clients," said Lee Kolquist, president of Lending Solutions. "We constantly strive to create new services that enable credit unions to expand their business and offer increased service to their members." "The combined capabilities of Experian and Lending Solutions enable our mutual credit union clients to be more competitive and grow their auto loan portfolios," said Frank Metzger, Experian's national credit union marketing manager. "Our Auto Loan Maximizer identifies the credit union members and Lending Solutions targets these members with a compelling auto loan offer." About Lending Solutions Inc. Lending Solutions Inc. has been a provider of lending center services and consulting programs for financial institutions across North America since 1994. The company's highly trained, professional staff provides 24 hour lending services to approximately 300 of North America's premiere credit unions, banks and mortgage companies. For further information on Lending Solutions, please visit the company's Web site at www.nlpc.com. About Experian Experian is a global leader in providing value-added information solutions to organizations and consumers. Experian provides information, analytics, decision-making decision-making, n the process of coming to a conclusion or making a judgment. decision-making, evidence-based, n a type of informal decision-making that combines clinical expertise, patient concerns, and evidence gathered from solutions and processing services. Using its comprehensive understanding of individuals, markets and economies, it helps organizations to find, develop and manage customer relationships to make their businesses more profitable. Experian promotes greater financial health and opportunity among consumers by enabling them to understand, manage and protect their personal information, helping them control financial aspects of key life events and make the most advantageous financial decisions. Experian works with clients across diverse industries, including financial services, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , health care, insurance, retail and catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. , automotive, manufacturing, leisure, utilities, e-commerce, property and government. A subsidiary of GUS GUS Gemeinschaft Unabhängiger Staaten (German: CIS) GUS Gravis Ultrasound GUS Great Universal Stores GUS Grown Up Soda GUS Giornalisti Uffici Stampa (Italian) GUS Guide to the Use of Standards plc with headquarters in Nottingham, UK, and Costa Mesa, Calif., Experian employs more than 12,500 people in 28 countries worldwide who support clients in more than 60 countries. Annual sales are in excess of $3.0 billion. The word "Experian" is a registered trademark in the EU and other countries and is owned by Experian Ltd. and/or its associated companies associated company associate n → Partnerfirma f associated company n → società collegata . |
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