Online Auto Loan Company to Provide Auto Financing Options for Women

September 16, 2007 (PRLEAP.COM) Business News
Online auto loan company myAutoloan.com is partnering with AskPatty.com on the launch of their Auto Finance Center for Women. This new auto financing service will assist women in financing their next new or used car. With the new service, women can speed up the dealership auto loan process. When filling the easy online auto loan application, users will receive up to 4 online auto loan offers before even going to the car dealership.

Applicants can apply for New Car Loans, Used car Loans, Auto Refinancing, Private Party car loans and Lease Buyout's on the AskPatty.com Auto Finance Center for Women.

"We are thrilled to have AskPatty.com join the Powered by Finance Center marketplace lending platform," said Greg Thibodeau, CEO of myAutoloan.com. "According to many consumer advocacy organizations, women pay higher interest rates and accept loan terms and condition less favorable than the average auto financing consumer."

He continued, "myAutoloan.com provides women with multiple car loan offers so they can review, compare and select the auto loan offer that best meets their needs, that's empowering. This partnership offers women visiting AskPatty.com real value with real lenders providing real loans, in real-time, all online."

"Our goal is to help women in the car buying process and this is just one more way that we can assist women," said Jody DeVere the President of AskPatty.com. "This service is free to applicants and provides real loan offers online in real time, within the AskPatty.com web site."

"The AskPatty.com Auto Finance Center will empower women with same-as-cash financing opportunities with access to numerous nationally respected online direct-to-consumer lenders that include E-LOAN, HSBC, RoadLoans, Wachovia, FirstAgain and others, with programs that will fit most consumers financing needs in today's market," said Peter Martin, CEO of AskPatty.com.

About AskPatty.com:

AskPatty.com provides women consumers an online place to share and discuss their car buying experiences. The Ask Patty advisory panel of automotive expert women is headed up by Deborah Renshaw — professional NASCAR driver, and is comprised of women who hold various leadership positions in the automotive industry.

Women purchase over 50 percent of all vehicles sold in the United States each year and influence 85 percent of the buying decisions, spending over $80 billion. Yet, shopping for and buying a car can be a challenge for women who are first time car buyers or for women who had a bad experience in the past with a car salesman or dealership.

About myAutoloan.com:

myAutoloan.com is a subsidiary of Horizon Digital Finance, L.L.C., and a nationally-licensed direct-to-customer Internet-based auto financing marketplace utilizing Preferred Placement® technology and Preferred Dealer® auto lead processes.