Runci Group, as exclusive Marketing Advisor, is pleased to offer the following portfolio of Performing Auto Loans for your consideration.
The Seller is a privately held corporation formed in 1993 for the purpose of acquiring and servicing sub-prime and non-prime retail installment contracts originated by local car dealerships. The principals have over 70 years of combined experience in the retail auto sales and finance industries.
The Seller is winding down a small direct consumer loan operation in Virginia Beach, VA. The sale includes all paperwork from the Origination File (Application, Contract, Employment & Income Verification, Insurance etc).
A brief summary of the portfolio appears below. Full details on this offering are available after execution of a Confidentiality Agreement and Buyer Profile.
- Portfolio ID:RG-2019-33
- Sale Balance:$1,325,992
- Original Balance:$1,423,729
- Accounts:231
- Avg. Sale Balance:$5,740.23
- Avg. Mo Pmt:$281
- Avg. Orig Term:33 months
- Avg. Rem Term:27 months
- Avg. Rate:27.42%
- Avg. FICO at Orig:572
- Avg. LTV at Orig:99%
- Geography:VA
- Bid Deadline:First Come, First Serve
Interested in receiving the Evaluation Materials for this and any future listings? Please contact us today for additional details at (877) 452-6466 or email us at info@runcigroup.com.
