Nissan Motor Co.'s finance unit is arming itself with some of the same
Nissan Motor Acceptance Corp. plans to pilot test the Credit Connection
Banks including Barnett Banks Inc., NationsBank Corp., BankAmerica
The service lets dealerships get decisions on loan applications in under
Nissan Motor Acceptance said it thinks the new system will help it
The company already finances about half of the 720,000 cars Nissan Motor
In recent years, banks have been in a see-saw battle with nonbanks like
In 1995 banks provided about 42.1% of the $354.3 billion in U.S. auto
Nissan Motor Acceptance hopes better application-processing systems will
"Our overall strategy is to offer convenience, flexibility. and timely
"This is another enhancement to what we already offer."
A dealership filing a loan application through the Credit Connection
Using the credit bureau report and the application data, Credit
Credit Management Solutions executives said Credit Connection can
Flexibility is said to be one of the system's major selling points.
Using Credit Connection, "the customer gets a quicker response ... the
"It's also less expensive for us if the application is entered at the