DebtMarket has partnered with the following industry leaders to provide our members with additional services that enhance their experience.
Loan Servicing Companies
Systems and Services Technologies (SST)
SST specializes in consumer loan servicing across the credit spectrum (sub-prime, non/near prime and prime) for auto loans and leases, recreational vehicles, boats, motorcycles and power sports equipment, credit cards, signature loans, manufactured housing and other consumer receivables. DebtMarket works with SST to provide buyer members customized and cost effective servicing packages for acquired portfolios.
First Associates
First Associates, Inc. is one of the nation’s premier consumer loan servicing firms with more than 20 years of experience. First Associates is 100% dedicated to loan servicing and does not lend or outsource for other functions making us a cost-effective and smart alternative. DebtMarket recommends First Associates to buyers in need of servicing for mortgage and student loan portfolios.
Retail Dealer Service Providers
Guardian Warranty Corporation (GWC)
GWC is a leading provider of vehicle service contracts. Founded by auto dealers and industry professionals, GWC is committed to developing successful long-term relationships by providing programs that fill an actual need for their dealer partners.
GWC service contracts protect the borrower from mechanical breakdowns and help ensure that their vehicle will stay on the road and that they will continue making their loan payments. Portfolios that include service contract coverage offer additional protection to portfolio buyers by helping to ensure the condition and value of the vehicles.
PassTime USA
PassTime enhances the specialized finance industry through an entire family of payment guarantee solutions that improve customer payment performance and reduce repossession risks. The company is proud to offer a complete product family of code-based, wireless, and GPS products to meet dealers’ specific needs.
PassTime’s payment devices help to minimize portfolio buyers’ risk. DebtMarket helps to facilitate the transfer of PassTime accounts from portfolio sellers to buyers during the transaction phase.
Frazer Computing Inc.
Frazer Computing, Inc. is a computer software firm dedicated to the used car dealer. Each day over 5,100 dealers, located in all 50 states, trust Frazer for their dealer management software. Now in their 25th year Frazer truly makes it easier and more profitable to run a used car dealership.
Dealers using Frazer can easily pull a data extraction and seamlessly post their loan portfolios on DebtMarket.
Financial Service Companies
CreditSmarts
CreditSmarts is an e-commerce site which enables a dealer to dynamically interact with the appropriate lenders for that dealers business. These lenders will present the best possible pricing available for the customer and dealer. CreditSmarts’ dealers can source additional capital for their in-house financed portfolio by selling their notes to DebtMarket’s competing pool of debt buyers.
National Lending Associates
National Lending Associates, Inc. (NLA) is a nationwide specialty financial services company. It provides diversified lending options for both individual borrowers and businesses.
NLA consults educational institutions and private lending institutions as they prepare their student loan or mortgage portfolio for sale on DebtMarket. NLA also provides a robust set of analytical tools for buyers interested in purchasing student loan and mortgage portfolios.
Wolters Kluwer Financial Services – AppOne
Wolters Kluwer Financial Services’ AppOne technology automates indirect lending, credit approval and compliance processes for dealers and lenders. AppOne’s auto dealer customers can access DebtMarket via the AppOne platform. AppOne also provides BHPH dealers with the loan documents they need to build and maintain a compliant deal jacket.
Professional Associations
American Financial Services Association
The American Financial Services Association is the national trade association for the consumer credit industry, protecting access to credit and consumer choice. The Association encourages and maintains ethical business practices and supports financial education for consumers of all ages.
For partnership inquiries, please contact Vanessa Towning, VP, Marketing and Corporate Development at 866-559-4339 or vanessa [Email address: vanessa #AT# debtmarket.com - replace #AT# with @ ]
