Chase Auto Finance

Chase Auto Finance, the auto finance business of J.P. Morgan Chase & Co., headquartered in Garden City, Long Island. Chase Auto Finance Corporation is the largest bank purchaser of auto finance contracts within the U.S. through a nationwide network of 12,000 affiliated auto dealers with two million customers. Cross-business partnerships enabled Chase Auto Finance to achieve a third-place ranking in 2003 loan originations.

Commitment of work

Chase's auto finance is one of the largest bank originators of new vehicle loans with more than $40 billion in managed assets. Competitive rates, depth and dedication towards their customers make it a leader- financing provider in the group of others bank. Chase Consumer Credit group develops and markets the bank’s consumer credit products including mortgages, equity lines of credit, auto finance, as well as credit and debit cards. The bank has been able to improve direct marketing returns through faster more effective campaigns.

Chase auto finance gives the benefit of online banking also. Today online banking is a convenient, easy, and safe method of banking. Banking online has given consumers a new breath of freedom to bank anywhere they want.

Privacy polices to avoid risks of disclosing account information

The company requires some important information about their customers so that they can help to meet their needs in near future. All the information gathered by them should be protected and not disclose to anybody without full assurance. They keep information under physical, electronic and procedural controls that comply with or exceed governmental standards.

Expansion of Chase Auto Finance

Collaborating with other groups in the firm, Chase Auto Finance goes beyond traditional automotive financing and provides creative business solutions to a wide range of customers in the automotive industry.

Chase Auto Finance partners with the Investment Bank and the Middle Market Banking group to help dealer group clients improve their bottom lines, offering products and services such as basic loans, revolving credit facilities - even, when appropriate, high-yield bond issues. Partnerships with Chase Merchant Services and Chase Home Finance enable dealer customers to obtain credit cards and credit card processing and to offer home financing as an employee benefit.