Amplify CU Inks With Auto Financial Group

Published January 15, 2013, 10:02 p.m. EST

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Updated August 26, 2020, 10:29 p.m. EDT

1 Min Read

AUSTIN, Texas Amplify CU has signed with Auto Financial Group of Houston to offer the company’s DrivingSense balloon loan program.

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The $600-million credit union will offer Auto Financial’s DrivingSense program as a direct and/or indirect lending option to its members. The company said DrivingSense makes it easy for credit unions to offer branded balloon loans to members. The residual value risk is mitigated because the program guarantees the predetermined residual value of the vehicles, Auto Financial Group said.

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