This increase is spread across all product areas. As well as excellent products and first class service, GMAC-RFC attributes this result to the recent launch of its on-line automated decisioning system. Wednesday 28th July saw a record number of decisions made on-line.
Jeff Knight, Head of Marketing Services at GMAC-RFC, said: "Like many other lenders, we are enjoying record new business volumes this year, highlighted by this figure. However in contrast to others, our service is up to date and we are aggressively pricing new products to further increase our business. Our recently launched on-line automated decisioning system has given us increased capacity and we are in a very strong position to do more. So watch this space."
