CUDL – Credit Union Auto Buying Network
Your key to more loans, greater efficiency and new members
CUDL is the largest point-of-sale credit union auto buying network, representing over 11,400 dealers, 1,100 lenders and a market of 41 million potential car buyers nationwide.
Our proprietary platform is the premier indirect lending solution for credit unions, providing end-to-end support to drive efficiencies, grow loan originations and generate revenue.
CUDL also helps credit unions provide unmatched convenience and service to current members at the point-of-purchase — the dealership—while also affording access to thousands of prospective new members.
The numbers speak for themselves. Since 1994, we have helped credit unions fund 7.6 million vehicle loans worth over $160 billion — including 1 million loans in 2014 alone.
CUDL’s turnkey solutions offer everything your credit union needs to grow indirect lending. The powerful CUDL platform includes:
- A network of over 11,400 dealers ready to connect buyers with your credit union’s financing;
- Affordable and exclusive features, including no application fees;
- Local client support, dedicated to helping you build your indirect business full circle — from fostering strong relationships with local dealers to providing marketing, advisory and strategic planning assistance and more;
- Seamless electronic submission of all loan documents through a customizable and branded web portal hosted at CU Direct or your own credit union;
- Special offer promotion, instant connectivity between credit union and dealer, and increased visibility;
- Pre-approval solutions for members to help credit unions increase loan pull-through rates;
- Leverage existing dealer contracts with no additional work for the credit union; and
- Full access to the indirect lending module of the CU Direct Lending 360 Loan Origination System (LOS). Features include an industry-leading instant decision engine that is easy to customize, the ability to upload auto loan pre-screens for dealer use, and third-party host integration.
As the nation’s leading financial and automotive solutions provider for credit unions, CUDL continues to grow and innovate. We provide flexible, cost-effective programs and an expanding range of exclusive, proprietary features built into our easy-to-use suite — all designed to help credit unions increase loans, improve efficiencies and build membership.
Call us to learn how CUDL drives efficiency, improves loan underwriting and boosts credit union membership today.
Start the conversation | (877) 744-2835