American Acceptamce Group

AAG  is a purchaser, servicer and seller of automobile installment sales contracts.

AAG is in thbusiness of purchasing automobile secured installment contracts which are originated by franchise and independent automobile dealers located in California, Nevada and Arizona which AAG has an established business relationship.

What We Do

AAG creates a working relationship between approved franchise and independent dealers that provides the dealers with the opportunity to sell more used autos by attracting customers that will not normally qualify for such traditional prime financing sources as banks, credit unions and the captive finance companies.  AAGhas designed a special finance lending program with the objective of helping dealers to sell cars and AAG the opportunity to grow its loan portfolio by purchasing profitable special finance vehicle installment contracts from its approved auto dealers.

  Special Finance Lending

The terms special finance, non-prime, sub-prime, second chance lending describe credit that is extended to borrowers exhibiting higher delinquency or higher default risk characteristics than those of the  traditional prime borrowers. Risk of default is assessed by conventional credit risk measures such as credit or repayment history, payment-to-income (PTI) and debt-to-income (DTI) or by some alternative measures such as FICO credit scores.