ADD1 Program Overview
‘Total Loss’ Protection
Reduce Risk while Maintaining Borrower Profiles
As delinquency rates continue to accelerate, finance companies need solutions that protect their margins without changing the risk profile of non-prime borrowers. Add1 provides portfolio protection specifically for total loss. Premiums are kept low and paid monthly, which benefits cash flow. Features are designed to prevent an increase in delinquencies so that borrower risk profiles are not adversely impacted – all of which ensures your portfolio remains securitization friendly.