Alliant Credit Union Reaches $80 Million Milestone with TrueCar

                    Courtesy of Canstock

Alliant Credit Union, which partnered with an online automotive marketplace TrueCar in 2015, said as of December 2018 that it has originated 3,000 auto loans worth $80 million through the platform and that Alliant members have saved $4 million off manufacturers’ suggested retail prices.

TrueCar allows Alliant members to access certified-dealer inventory, check vehicle prices, apply discounts, and secure loans.

The $80 million originated through TrueCar over three years represents just a portion of the credit union’s growing auto lending business. Overall, the Chicago-based credit union originated $900 million on auto loans this year, a 20% year-over-year increase.

Also see: TrueCar Looks to Streamline Financing With Retail Software Acquisition

Alliant continues to seek out third-party partnerships to enhance the credit union’s auto loan program, Brian Sharapata, Alliant Credit Union manager of consumer loans and credit product strategy, told Auto Finance News. 

  Like This Post