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Gulf Coast Auto Credit Announces Record Sub-Prime Auto Loans Funded in May

Venice, Florida, June 19, 2011 - (PR.com) - Gulf Coast Auto Credit Announces Record subprime auto loans funded in May A record number of Cramer Cramer Toyota of Venice and Venice Honda customers have been funded by Gulf Coast Auto Credit. These loans were non-prime loans and subprime mainly buy here pay here type. According to Mario Radrigan president of Auto Credit of the Gulf Coast, "It was an extraordinary month for the Auto Credit Gulf Coast. We were able to finance people who have challenged credit, had bankruptcy, had no credit or no cash down payment.Our association with Cramer Cramer Toyota of Venice and Venice Honda has given us access to clean vehicles with low mileage that seem to be what our customers want. "Richard Bond, CEO of Cramer Toyota of Venice states," Cramer Toyota of Venice has recognized that traditional banks and finance companies are more loans to customers with lower credit scores. The dealer decided to create a small network of local companies that were willing to lend. I want to thank our partners lenders, including Credit Auto Gulf Coast to provide the amount of funding required.May was a record month for applications and Gulf Coast Auto Credit approved more than any other bank. "Reports Bond," Gulf Coast Auto Credit is by far our biggest sub-prime lender. Our relationship with them has now helped to provide 100 good people with reliable transportation. "Credit Gulf Coast Auto is the largest lender in Venice subprime auto loans customer service with bad credit, no credit, bankruptcies, tax liens, charge offs and foreclosures.