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Nationwide Acceptance Corporation Joins DealerTrack Credit Application Network

March 19, 2010

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 Nationwide Acceptance Corporation announced today that it has completed integration with DealerTrack, Inc.  Dealers in all of the markets served by Nationwide may now process credit applications electronically to Nationwide through the DealerTrack platform.

“We are very excited to integrate with one of the nation’s premier platforms for dealers to access finance companies,” said Martin Less, President, Nationwide Acceptance. “Being part of the DealerTrack system will make it easier for dealers to do business with us as we continue our growth and expansion.    DealerTrack has a long record of providing excellent service to their dealers, which is something that we strive for daily at Nationwide.   We look forward to working with DealerTrack and servicing our dealers on their platform.”

 “We are pleased to welcome Nationwide Acceptance Corporation to the DealerTrack credit application network,” said Hugh Abernethy, VP, Lender Development at DealerTrack. “Their widespread footprint across the U.S. and focus on sub-prime credit allows us to better serve our dealer customers. We are proud to offer their services through the DealerTrack platform.”  

ABOUT NATIONWIDE ACCEPTANCE
(http://www.nac-loans.com/)

Nationwide Acceptance Corporation is comprised of a group of companies specializing in the underwriting and point-of-sale purchase of non-prime and sub-prime automobile sales finance contracts. Nationwide serves franchised and independent dealers in the following states: AZ, CA, GA, ID, IL, IN, KS, LA, MI, MO, MS, NE, NV, NM, OH, OR, SD, TN, UT, WA, WV, and WI.  Since 1954, Nationwide has been providing quality financial services to consumers and businesses and has achieved a consistent record of growth, stability and reliability.  View programs and sign-up packages on our website or call 800.622.7605 x1295.  

ABOUT DEALERTRACK (http://www.dealertrack.com/)

DealerTrack’s intuitive and high-value software solutions enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, agents and aftermarket providers. Our solution set for dealers is the industry’s most comprehensive. DealerTrack operates the industry’s largest online credit application network, connecting approximately 17,000 dealers with over 800 lenders. Our Dealer Management System (DMS) provides dealers with easy-to-use tools with real-time data access that will streamline any automotive business. With DealerTrack AAX, dealers get the inventory management tools and services needed to accelerate turns and increase profit. Our Sales and F&I solution enables dealers to streamline the entire sales process, quickly structuring all types of deals from a single integrated platform. DealerTrack’s Compliance solution helps dealers meet legal and regulatory requirements and protect their hard-earned assets. DealerTrack’s family of companies also includes data and consulting services providers ALG (Automotive Lease Guide) and Chrome Systems.

3/19/10

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