Since 1991, Lenders Option Corporation (LOC) has provided unique automobile loan programs to increase loan volume and finance income, and to improve the yield and profitability on loan portfolios.
LOC Protection is a risk management program applied to C and D tier loans. The program significantly reduces deficiency balances from repossessions by purchasing repossessed vehicles at higher values than auctions or bids. To further reduce the deficiency balance, LOC provides a principal reduction payment.
Super Non-Lease is a balloon loan that allows lenders to compete with dealers' leases. The program provides borrowers with low monthly payments based on LOC's residual values for vehicles. At the termination of the loan, borrowers have the option to payoff the loan, refinance the loan, or turn-in the vehicle for purchase by LOC.
Company Details
- Employees
- 4
- Founded
- -
- Address
- Shreveport, Louisiana
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- loc.net
- Keywords
- Shreveport.
- HQ
- Shreveport, Louisiana
- Competitors
- Safe Harbour, Inc., SECU, QuieTrack Insurance Services.
Lenders Option Corporation - Loc Questions
Lenders Option Corporation - Loc's website is loc.net
Lenders Option Corporation - Loc's LinkedIn profile is https://www.linkedin.com/company/lendersoptioncorp
Lenders Option Corporation - Loc has
4 employees.
View email and phone details for 4
employees at Lenders Option Corporation - Loc.
Lenders Option Corporation - Loc's industry is
Financial Services
Lenders Option Corporation - Loc's top competitors are
Safe Harbour, Inc.,
Secu,
Quietrack Insurance Services.
Lenders Option Corporation - Loc's categories are Financial Services
Lenders Option Corporation - Loc's founding year is 1991
