We’re credit union-owned and offer proprietary features and exceptional benefits that set us apart from other providers – just count the ways:
1. No Application Fees
By design, the CUDL system helps prevent dealers from “application shotgunning” in order to make your lending department more efficient. You save money by only paying CUDL for funded loans rather than paying for every application (like you would with other providers). And, money is also saved by not paying LOS providers for the additional non-qualifying loan applications that you’d get in a “shotgunning” environment.
2. Dealer Contracting Support
All dealers in your network can be contracted through CUDL, saving you time and legal expense of creating a network.
3. Convenient Dealer Funding
CUDL does not require special ACH or wiring accounts to fund your dealers. We’ll collect the necessary information to streamline the funding process. Learn more about CUDL SmartFund (PDF Download).
4. Local Credit Union and Dealer Experts
Every credit union and dealership on the CUDL platform is assigned a local CUDL representative that’s available to help you succeed. Our reps provide your staff with any necessary training, help your credit union build dealer relationships and assist with developing strategic goals to strengthen and grow your auto lending portfolio.
5. Save Time and Money
CUDL wants to help credit unions control costs, so our solutions are about the most affordable you’ll find. And, because each of our solutions are extraordinarily efficient, you’ll save time and money just by using them at your credit union. See how CUDL helped save other credit unions time and money.