Monica Haupt joins CU Lending Solutions LLC.

 

(continued)

 

Monica's BIO is as follows:

  • Vice President of Credit Union Development for ACC Consumer Finance LLC, a San Diego based Automotive Finance Company that provided third party sub-prime originations to Credit Union industry. Monica was directly responsible for marketing and managing all credit union relationships
  • Sales Director for Household Auto Finance (now HSBC Auto Finance) and Triad Financial with responsibility for managing a 15 person sales teams in Southern California. Monica and her team originated monthly in excess of $30,000,000 of indirect dealer non-prime contracts.
  • Over twenty years experience originating indirect non-prime and sub-prime automobile installment contracts from franchised and independent auto dealers in all western states  

CU Lending Solutions provides a proprietary prime and non-prime indirect lending program to credit unions nationally to rapidly solve their desire to grow their membership base by providing financing for the underserved auto loan customer in their respective areas. The company's goal is to educate and train credit union consumer lending employees to better understand the non-prime indirect auto loan process with the emphasis on quality and not quantity.           

Frank Mercer, formerly with Household Auto Finance ( now HSBC Auto Finance), brings together a management team, with more than 75 years of combined consumer lending experience of which more than 50 years is at the senior and executive management levels.  CU Lending Solutions indirect lending program will provide each credit union with loan originations, collections and risk management training. 

 

CU Lending Solutions has formed a partnership with FCUL Service Group, Inc.   Keith Hopkins, Vice President, FCUL Service Group says "We have always been dedicated to providing our credit unions with the highest quality products and services, and our partnership with CU Lending Solutions allows us to assist our credit unions by putting controls in place that will allow them to serve a non-prime member with an accurate reflection of risk"

 

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