"Finance Express is the best platform I've seen for integrating buy here pay here
and special finance together. It can be a total capital solution."
Kenneth B. Shilson, CPA
President, Subprime Analytics
Principle, Shilson, Goldberg, Cheung & Associates, LLP
Founder and President, National Alliance of Buy Here Pay Here Dealers
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Escrow.com and Finance Express Auto Finance Program partner with Vehicle Title LLC
Irvine, CA - June 5, 2006, ESCROW.COM, which offers a complete
range of services that allow vehicle buyers, sellers and lenders to
protect themselves during an Internet transaction, today announced it
has signed an agreement with Vehicle Title LLC to provide TitleGuard
Vehicle Title Insurance on loans generated via the Finance Express
platform. Finance Express, which operates the first online auto finance
platform specifically designed for the independent dealer, will use
these services to enhance the dealer offerings for their lender
partners.
"As Finance Express continues its rapid growth, we strive to find ways
to help our dealer base gain a greater acceptance of their business with
our lender partners," said Finance Express president, David Huber.
"Escrow.com, which offers a group of services that allow vehicle buyers,
sellers and lenders to protect themselves during an Internet
transaction, is including TitleGuard's $50,000 insurance protection
against unreported Department of Motor Vehicle brands, title defects and
evidence of odometer rollback. These services will inform, insure and
protect everyone involved in the used vehicle transaction."
"We are committed to providing security for online transactions which
make the TitleGuard product and Finance Express a perfect fit," said
Escrow.com Managing Director Brandon Abbey. "Together, Escrow.com and
Vehicle Title LLC provide assurance to lenders on the Finance Express
platform that the vehicle can receive a perfected title free of defects
- a significant value in the wake of Hurricane Katrina."
Tom Rubadue, President of Vehicle Title LLC, said, "We are pleased to
expand our relationship with Escrow.com. By providing a full vehicle
history summary on each vehicle and insuring that the DMV information is
accurate we are helping Escrow.com deliver an unprecedented level of
security and piece of mind to the lenders and dealers on the Finance
Express Auto Finance Program."
About Escrow.com
Escrow.com, based in Irvine, California, is a privately held company
that has pioneered the process of online escrow services. The Company,
founded in 1999, has established itself as the leading provider of
secure business and consumer transaction management on the Internet.
Escrow.com.s services are provided through strategic relationships with
companies like eBay and Yahoo, to lenders and institutions requiring
secure online transactions, and to individuals who seek to protect
themselves when conducting business over the Internet. Escrow.com is
licensed by the California Department of Corporations and maintains
certifications to conduct business in 49 states. The Company maintains a
highly trained customer service staff with multiple escrow officers.
Escrow.com is the only choice for ensuring that your transactions are
handled promptly, securely and professionally every time you need us.
For more information on Escrow.com please visit www.escrow.com
About Vehicle Title, LLC
Vehicle Title, LLC is a joint venture between The First American
Corporation (NYSE:FAF), a Fortune 500 company and innovative leader in
the title insurance industry that traces its history to 1889, and
Experian Automotive, the automotive industry.s premier information and
vehicle history data supplier. By combining the strengths and expertise
of these two companies, Vehicle Title, LLC maximizes its effectiveness
to deliver TitleGuard Vehicle Title Insurance to the used car buying and
selling public. TitleGuard Vehicle Title Insurance, underwritten by the
First American Family of Companies, is the first and only product that
insures used car buyers, sellers and lenders against the actual losses
that can result from unreported DMV title defects for up to 100 percent
of the vehicle.s fair market retail value. For more information on The
First American Corporation, Experian Automotive or TitleGuard, please
visit www.firstam.com, www.automotive.experian.com or
www.AutoTitleGuard.com respectively.
About Finance Express
Finance Express provides financing programs for all levels of credit
through its relationship with national and regional lenders. Its
internet based software offers an integrated menu of services including
credit application processing, credit bureau access, inventory
management, electronic contracting, dealer management tools and licensed
escrow services. It is a comprehensive program that provides auto
dealers with online access to lenders, credit bureaus and a full range
of dealer managements services in a single seamless solution and at the
same time, through its fully licensed escrow company, it provides auto
lenders with a method of completing their transactions safely and
securely. For more information on Finance Express, please visit
www.fianaceexpress.com
CONTACT:
Brandon Abbey
Escrow.com
949-790-5880
George Klink
Vehicle Title LLC
619-938-7304
David L. Huber
Finance Express
949-635-5892
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