SALT LAKE CITY--(BUSINESS WIRE)--Prestige Financial, premier provider of consumer financing solutions, today announced that it is now offering direct-to-consumer loans for those looking to refinance an auto loan.
Prestige’s new offering allows consumers to deal directly with the lending source to access the best loan available to them. Until now, Prestige has provided auto financing exclusively through dealerships. The company will continue its strong relationship with dealers across the country, but has created this new option to expand its ability to serve customers in the way that works best for them.
“We can see that consumer trends are changing and we want to evolve with them by providing the best loan options possible,” said Rich Hyde, chief operating officer of Prestige. “Our job is to give our customers the help they need to better their personal financial situation and this is another tool we can use to do that.”
Prestige offers auto financing across a wide credit spectrum, including the most difficult situations such as bankruptcy, medical emergencies and divorce. The company’s commitment to helping its customers improve their situations is exemplified in its unique Rate Reduction Rewards, which drops the interest rate as payments are made on time.
Direct-to-consumer loans will allow customers to make Prestige their lender when they are looking to refinance, with the goal of either lowering their interest rate, shortening their term, lowering their payment, or a combination of all three. Those purchasing from a dealership or another private party can also finance through Prestige.
“The founder of our company, Larry H. Miller, always lived by the maxim, ‘Go about doing good until there’s too much good in the world,’” said Bryant Henrie, president of Prestige. “Our goal is to follow that advice as best we can by treating our customers with respect and giving them the most helpful financing experience for their credit type.”
About Prestige Financial
Prestige Financial Services, Inc. is a premier provider of consumer financing solutions. Founded in 1994 as an affiliate of The Larry H. Miller Group of Companies and headquartered in the Rocky Mountains of Utah, Prestige employs best-in-class professionals to service a wide range of borrower types, and is recognized throughout the industry for its innovative lending programs. Prestige’s exclusive Rate Reduction RewardsSM helps its best customers by automatically dropping their interest rates periodically as they keep their accounts in good standing, and is just one of the ways the company showcases unwavering commitment to customer service.