US Auto Credit

What US Auto Credit does

US Auto Credit (legally U.S. Auto Credit Purchasing Center, LLC) is a privately held, family-owned indirect auto lender that historically financed subprime vehicle purchases through independent and franchise auto dealers, primarily in the US Southeast. Founded as an LLC in 1995 and operating for over 30 years, the company served consumers who did not qualify for prime credit by originating loans at the point of sale through dealer partners and reporting payment performance to Equifax, Experian, and TransUnion. Its core product is subprime indirect auto financing, supplemented by customer account management, multi-channel payment processing (online via Invoice Cloud, phone, MoneyGram retail locations including Walmart, and mail), SMS payment reminders, and credit bureau reporting.

The business model is interest income on the originated loan portfolio, with servicing revenue derived from the existing book of consumer auto contracts. US Auto Credit has no disclosed proprietary technology platform; operational infrastructure is built on standard third-party tools including an Invoice Cloud-branded online payment portal and SMS notification services. Pricing for loan products is quote-based and set indirectly through dealer partners rather than published; payment-processing fees are publicly disclosed (e.g., MoneyGram $8.00, third-party online processing $4.95). The company is single-office (Jacksonville, FL), family-owned with no disclosed institutional investors, parent company, or subsidiaries, and operates without patents, certifications, awards, or named partnerships in the public record.

The defining feature of the current operating posture is that US Auto Credit is no longer accepting new customers or offering new financing products; the business is in managed runoff, continuing to service existing accounts while the loan portfolio amortizes. Revenue is therefore a function of the residual book rather than active origination, and there are no disclosed M&A, funding, or expansion activities. Customer service operates Monday–Friday, 8 AM–6 PM ET, supporting payments, title questions, and insurance verification through phone, email, fax, and mail channels.

Name

US Auto Credit

Legal name

U.S. Auto Credit Purchasing Center, LLC

Website

https://usautocreditcorp.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

US Auto Credit is a family-owned, Jacksonville-based indirect auto lender that historically financed subprime vehicle purchases through independent auto dealers. The company has ceased new originations and now operates as a servicing-only run-off business for its existing loan portfolio.

Ownership category

akta.pro rank

Product category

Subprime Indirect Auto Lending

NAICS

Sales Financing (522220)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

New & Used Auto Purchase Loans (FSAKADAA)

akta.pro secondary industries

Auto Loan Servicing & Collections (FSAKADAK), Auto & Vehicle Loan Brokerage (FSAEAEAK)

Keywords

• Subprime auto financing
• Indirect auto lending
• Dealer auto financing
• Auto loan servicing
• Credit bureau reporting

Headquarters

HQ city

Jacksonville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Auto Loan Interest: US Auto Credit generates revenue through interest accrued on subprime auto loans extended to consumers. As an indirect auto lender, loans are originated through independent auto dealer partnerships and serviced over the life of the contract.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

US Auto Credit is an indirect auto lender that provides subprime vehicle financing originated through independent auto dealer partnerships. The company services its existing loan portfolio via multiple payment channels—online (powered by Invoice Cloud), phone, MoneyGram retail locations, and mail—and reports borrower payment performance to all three major U.S. credit bureaus (Equifax, Experian, and TransUnion). US Auto Credit is no longer accepting new customers or offering new financing products, and focuses entirely on servicing existing accounts.

Product overview

US Auto Credit (formally U.S. Auto Credit Purchasing Center, LLC) is a family-owned subprime indirect auto financing company with over 30 years of experience serving independent auto dealers and customers with credit challenges. The company operates a unified service platform consisting of core subprime auto financing services, customer account management tools, and multiple payment processing options including online (via Invoice Cloud), phone, MoneyGram, and mail channels. Additional services include SMS payment reminders and credit bureau reporting to Equifax, Experian, and TransUnion. Note: The company has stated it is no longer accepting new customers but continues servicing existing accounts.

Differentiator

Problem solved

Functional benefit

Products and services

• Subprime Indirect Auto Financing Services Indirect auto financing products originated through independent auto dealer partnerships for subprime borrowers who may not qualify for traditional prime auto lending. Underwritten and serviced by US Auto Credit, with repayment supported by multiple payment channels.
• Multi-Channel Loan Payment Processing Servicing infrastructure that accepts borrower loan payments through online portal (Invoice Cloud), phone, MoneyGram retail locations (transaction code 8928), and mail (P.O. Box 43668, Jacksonville, FL 32203). MoneyGram transactions incur an $8.00 fee; third-party online payment processing adds $4.95 where permitted by state law; mail payments are free.
• Customer Account Management Online and phone-based account servicing for existing US Auto Credit borrowers, providing account information access, payment scheduling, and customer service support (Monday–Friday, 8:00 AM–6:00 PM ET), with SMS payment reminders and account-related notifications available on opt-in enrollment.

Quantifiable outcome

• Paying an extra $10, $15, or $20 per month can reduce principal balance more quickly, reduce total interest paid, shorten contract term, and reduce overall amount paid.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Regional Management Corp. Specialty consumer finance company offering installment loans, including auto-secured loans, to subprime borrowers through a branch-based model with deep Southeast U.S. overlap.
• Lendmark Financial Services: Provider of personal and auto-secured loans to subprime consumers through a U.S. branch network, sharing US Auto Credit's subprime customer focus and consumer installment model.
• Credit Acceptance Corporation: Public subprime indirect auto lender that finances used-vehicle purchases through dealer partnerships; operates a similar indirect-lending, dealer-originated model targeting subprime borrowers across the U.S.
• Consumer Portfolio Services: Subprime indirect auto lender originating through franchised and independent dealers; comparable business model, customer segment, and dealer channel to US Auto Credit.
• World Acceptance Corporation: Subprime consumer installment lender serving underbanked borrowers, including through auto-related products, with a similar customer profile and small-loan installment underwriting approach.

Broad incumbents

• DriveTime Automotive Group: Vertically integrated used-vehicle retailer with captive subprime auto financing arm; addresses the same subprime auto borrower through both dealership and lending operations at materially larger scale.
• OneMain Holdings: Large specialty consumer finance company offering secured (including auto) and unsecured loans to non-prime borrowers; broader product set but overlapping subprime customer base.

Emerging players

• EZCORP: Pawn and short-term consumer lender with adjacent exposure to underbanked, subprime customers; comparable end-customer demographic though different primary product.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about US Auto Credit