Driven by an increase in credit union partnerships, Dealertrack Technologies said the number of active lenders connected to its Dealertrack Credit Application Network now exceeds 1,400.
That figure also includes more than 700 credit unions, said the Lake Success, N.Y.-based Dealertrack, a provider of Web-based software and services for the automotive retail industry.
The Dealertrack Credit Application Network allows auto dealers to electronically submit application data to a network of banks, independent finance companies, captives and credit unions, according to Dealertrack.
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