SAFCo Introduces Online Payment for
Automotive Special Finance Customers
First-of-its-kind Payment Option for Credit-Challenged Borrowers

Fort Lauderdale, FL (September 13, 2005) – SAFCo, a leading provider of automotive financing to credit-challenged customers, has announced that their borrowers are now able to make payments online. While this is a common feature of traditional automotive loans, it marks the first time that such an option has been made available in the special finance industry.

“SAFCo has always been about innovation in special finance,” said George Fussell, SAFCo’s president. “We believe that sub-prime customers deserve just as much respect and convenience as any other automotive purchaser, and we work hard to give them the credit they’re due. That’s why this new payment option is such an exciting development – it underscores our commitment to giving our customers a positive, affirming finance experience.”

Those who finance with SAFCo – typically, individuals with poor credit, no credit, prior bankruptcies or repossessions – will be able to access the payment site through SAFCo’s web presence at www.GoSAFCo.com. The site is protected with advanced encryption technology to ensure the security of either credit card or debit card payments. Information is entered as it would be for any standard online transaction, and once payment has been submitted, an email confirms receipt.

“Online payments enable SAFCo to improve the customer experience by offering more flexible payment options,” said Fussell. “The industry is changing – the world is changing – and sub-prime customers are often just as likely as more traditional customers to be comfortable doing business online. We’re doing what all responsible companies everywhere should be doing, and that’s responding to the expectations of their customers.”

About SAFCo
SAFCo provides special financing to more than 10,000 credit-challenged customers in FL, GA, TX, MD and VA and currently carries approximately $75 million in outstanding loans. The company specializes in hard-to-finance transactions and provides its dealer partners with programs and marketing resources that enable them to complete transactions with the broadest possible universe of automotive customers. Purchasers benefit from a finance program that rebuilds their credit through consistent reporting of the loan payment process to reputable credit bureaus. More information is available online at www.GoSAFCo.com.