Post Tagged with: "TRED"

Ally Offers Financing on Startup’s Private-Party Platform

Ally Offers Financing on Startup’s Private-Party Platform

June 2, 2017 at 10:24 am 1 comment

Ally Financial Inc. began funding private-party auto loans and offering vehicle service contracts through TRED — an online used-car marketplace — the companies announced in May. The startup is now hoping consumers that apply for financing will be drawn in by convenience, as opposed to lower rates offered by competitors,Read More

Digital Buy-Sell Platforms Combat Declining Auction Values

Digital Buy-Sell Platforms Combat Declining Auction Values

May 29, 2017 at 11:00 am 1 comment

Lenders that need to liquidate repossessions should look to private-party vehicle sale websites, such as Shift Technologies Inc., Blinker, and TRED — in the face of declining recovery values at traditional auctions, said Scott France, president of Loan Portfolio Servicing, an Innovate Auto Finance company. “I service loans for aboutRead More

Ally will offer auto finance and insurance products for peer-to-peer marketplace, TRED. (PRNewsfoto/Ally Financial)

Ally Offers P2P Financing, Insurance Through TRED

May 18, 2017 at 12:20 pm 1 comment

Ally Financial Inc. rolled out financing for peer to peer auto contracts through the TRED platform, and will add vehicle service contracts and guaranteed asset protection (GAP) directly to the online service, the companies announced in a joint press release today. The lender began offering financing in April, and plans toRead More

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