DENVER - (06/08/06) CENTRIX Financial, the leadingprovider of subprime auto loan insurance, said it has signed withBar None, a Pleasanton, Calif., provider of auto loan leadservices, to market loans nationwide. CENTRIX, whose business hasbeen hurt over the past years by an NCUA crackdown on subprimeindirect loans, said it hopes the arrangement will help both its5,000 auto dealers and credit unions and other lender customersgenerate more business. Under the deal, Bar None is sending itsconsumer vehicle sales leads to auto dealers with CENTRIX as thesuggested finance company, and Bar Nones direct mail toconsumers will be co-branded with the CENTRIX Financialname.
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