AFT Solutions Press Releases

"AFT solution Auto Smart System To Enhance Consumer Loan Process"

San Diego, CA (October 19, 2005) Advanced Financial Technologies (AFT) Credit Union/Banks Automated Lending Solutions Service Organization (known as a (CUBALS), have just released a new Auto Smart System to serve the credit union/Bank industries through online approval system, leveraging the power of numbers to create a stronger presence in the consumer automotive marketplace, which ultimately help credit unions fulfill their unsecured/secured lending goals by selling more auto loans to thousands of consumers nationwide purchasing vehicles directly online through private automotive auctions.

"The release of our new automotive service platform is to provide credit union members to simply go online to apply for Credit Union financing through our major alliances with automotive sellers online. We develop custom web based applications and programs to provide the products and services that support Credit Unions and help them easily interface with CUBALS programs successfully without any efforts or integration within the existing Credit Union current systems. Our goal is to make loan processing simple for members and none members to simply apply for an auto loan directly instead of going through dealers. This will help them save time buy bypassing the paper work and get instant approval (30 seconds or less) on vehicles individual desires through our network of online automotive sellers, with our web based auto smart system, its simply filling in few online personal questions that is secure through our encrypted server. We are not here to compete with Credit Union's existing auto dealer since we are focused on consumer to consumer sector for sellers and buyers to come together using our web based application. Our goals are to help establish additional services to improve auto buying options for millions of member. There are many private online sellers who represent private sellers and independent dealer that are tied into marketing sellers vehicles and we are just simply providing that sector to get instant loans through Credit Unions who would participate in our network. I believe this will benefit both AFT solutions and Credit Unions to help grow automotive purchasing and increase Credit Union memberships by allowing none members to become members through our automotive network said Paul Kim Senior Vice President of Strategic Alliance at AFT solutions. Additionally, our technology is focused on C2C online approval process so members do not have to make the efforts to visit dealers or independent dealers before purchasing the vehicle, this will allow them to get approved online and finalize the purchase once the loan has been approved through our Automated system." he added.

About Advanced Financial Technologies
AFT Solutions leverages the internet with an intuitive interface that offers lenders access on a pay-per-use basis to define their own loan products and in-house guidelines on AFT Solutions' patent-pending, rule-based processing platform - eliminating the financial obstacles of expensive software packages, maintenance staff, and expensive computer hardware. Furthermore, AFT Solutions opens up a large, new market by enticing lenders across multiple industries to save on labor costs, strengthen their fraud prevention, improve their decision accuracy, and gain efficiency in their operations for underwriting, optimization, securitization, pricing and the delivery of financial approval decisions, which can occur within seconds for their customers utilizing our platform.

To learn more about Advanced Financial Technologies Services, please visit our website at www.aftsolutions.com or call Paul Kim at 1-661-251-9632