SOURCE: rateGenius

rateGenius

October 22, 2013 10:33 ET

RateGenius' CU Recapture Offers Marketing and Turn-Key Loan Services

AUSTIN, TX--(Marketwired - October 22, 2013) - RateGenius Inc., a nationwide, Web-based loan broker specializing in vehicle refinance loans, insurance products and mortgage services, worked closely with Experian to develop a new program, CU Recapture. The service will provide two options for credit unions: Marketing Services and the rateGenius full turn-key Marketing & Loan Services program. CU Recapture leverages a decade of experience in automotive loan services, combined with some of the best data analysis available.

The Marketing Services option will process your member list though the rateGenius proprietary CU Recapture system, work with you to design your communication piece, and distribute both standard mail and email communication to your vehicle recapture targeted members. The members will be directed to either your website, call center or both for the credit union to handle the application and loan closing process.

Full turn-key Marketing & Loan Services will include all of the Marketing Services options and incorporate rateGenius' Loan services. RateGenius Loan Services collects all applications for approval by lender. Once approved, rateGenius Loan Officers close the recapture, provide document fulfillment, complete all title work, and deliver consistently organized packets to you. 

A total of 88 campaigns have been run with response rates showing as high as 7 percent. The CU Recapture program is offered on a quarterly basis.

About rateGenius

The rateGenius group of companies includes rateGenius Loan Services, Inc., a nationwide, web-based automobile refinance loan broker, which hosts a virtual marketplace to bring together qualified borrowers and its network of more than 200 competitive lenders to save consumers money by refinancing their auto loans at more favorable terms. rateGenius Insurance Agency, Inc. is a quickly growing independent agency, which brokers policies for multiple national providers. rateGenius also provides loan origination software and mobile loan application products in a SAAS model through financeGenius, Inc. Headquartered in Austin, Texas, rateGenius was recently named as one of Austin's fastest growing companies for the second year in a row. 

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