A NEW TAKE
ON LENDING
Helping credit unions compete more effectively in the auto lending space while helping combat predatory lending.
Chariot CU Services, LLC is an Illinois-based CUSO that provides comprehensive auto lending solutions to credit unions who are seeking to increase their auto loan portfolio performance. We offer direct lending programs, indirect (dealership-based) programs, and portfolio default risk mitigation. We are focused on the needs of our clients; each program is tailored to the needs of each institution and features high-touch service at every level. Our goal is increase your auto lending program’s profitability while also reducing costs and decreasing overall risk.
THE CHARIOT ADVANTAGE
Chariot has the flexibility to offer a range of services, from full-service outsourced auto lending programs to singular services such as originations or existing portfolio risk management. We also have expertise in a broad range of credit quality.
Contact us today to explore how we can meet the needs of your credit union.
Call: (262) 214-5473 Option 4 or email us at: info@chariotfc.com
THE TEAM
OUR SOLUTION
Chariot - Your outsourced auto lending department
Originations
Direct & indirect with a broad mix of credit options, from prime to subprime.
Servicing
Lifecycle portfolio servicing, reporting, and loss mitigation services.
Portfolio Risk
We offer a principal guarantee on loans we originate and can protect existing portfolios.
We do all the work, but you are in control.
01
Underwriting
We work with your credit union to determine program requirements and develop underwriting criteria that is not deviated from.
02
Processing & Funding
Chariot handles all loan processing functions, dealer interactions. Any dealer flats (commissions) are paid by us.
03
Client Review
All loans are reviewed by our clients prior to funding and booking. Clients can reject loans for any reason.
LENDER PROGRAMS
Chariot Financial Corporation provides three types of lender programs:
PROGRAM #1:
Full Service - Premium
Outsourced Lending Department - Originations (via direct, indirect, or both), processing/funding, lifecycle servicing, and reporting with an optional principal guarantee available for all new and existing auto loans.
PROGRAM #2:
A La Carte Programs
Customized Solutions that meet the specific needs of your institution.
PROGRAM #3:
Participation Programs
Chariot can make a secondary market through participations and outright sales of loan portfolios to our network.
CHART YOUR PATH TODAY
TO APPROVE MORE AUTO LOANS, INCREASE REVENUES, AND REDUCE RISK