Credit union members have embraced CUNA Mutual Group’s Smartphone Loan technology, boosting total loan requests submitted via mobile devices to more than $1 billion since it launched two years ago. This milestone demonstrates how loanliner.com®, Smartphone Loans and the new AskAuto™ Smartphone application work together to provide credit unions with a convenient way for members to apply for loans when and where they desire.
Launched in July 2011, the Smartphone Loan technology allows credit union members to begin the loan application process from their smartphones, wherever they are – an auto dealership, their kitchen table, or sitting in their car. The technology is a mobile version of CUNA Mutual Group’s loanliner.com product, which is used by more than 550 credit unions nationwide. Launched this spring, the AskAuto app gives credit unions a way to reach their members right on the car dealer’s lot, which makes the auto loan process quicker and easier.
For more information on these products, contact your CUNA Mutual Group representative or your MCUA field representative.