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EcommerceBytes-NewsFlash, Number 1108 - September 15, 2005 - ISSN 1539-5065     Previous | | Next
TitleAuctions Says Credit Unions Get Higher Prices Using Its Site
By Ina Steiner
EcommerceBytes.com
September 15, 2005




TitleAuctions announced that credit union clients are realizing prices up to 107 percent of retail value when using CUAuctions.com for remarketing repossessions.

The company's press release quotes Vern Nichols, Asset Recovery Manager at Northwest Community Credit Union in Eugene, Oregon, who states, "The program has been very successful for us. We're earning $2,000 to $3,000 more per repo than through our previous channels, and we're writing new loans and getting some new members, as well."

Founded in 2002, TitleAuctions delivers retail, wholesale and member auction tools plus training and support, designed exclusively for credit unions. The company currently serves 57 credit unions in 18 states. To browse and bid on credit union vehicles for sale, go to www.cuAuctions.com

http://www.titleauctions.com

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  • TitleAuctions to Auction Vehicles for Credit Unions - November 29, 2004, Issue #899
  • TitleAuctions Says Credit Unions Get Higher Prices Using Its Site - September 15, 2005, Issue #1108
  • TitleAuctions Signs Two New Credit Unions for Repo Auctions - September 29, 2005, Issue #1118


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