ACF Car Loans gets the green light.
ACF Car Finance who is a sub-prime lender has now acquired Specialist Automotive Finance (SAF) approval for selling car finance.
The industry body for motoring finance is the Finance and Leasing Association (FLA) and they introduced the SAF programme in 2007, this was to increase standards and promote and improve consumer confidence.
Paul Harrison, who is the head of motor finance at the FLA states: "The SAF programme is helping to improve customer confidence in motor finance when visiting a car dealership. By having full SAF approval staff are recognised to have been correctly trained, to a high standard...this also encourages staff to improve their overall knowledge and is crucial to building trust between the company and the customer."
It is another success story for car finance and one that will continue to grow as the economy re-builds.
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