To Whom It May Concern:

Over the past few months, Century has been made aware of several funding delays that have been coming from Golden 1 Credit Union located in California. Apparently, Golden 1 Credit Union considers all previously titled vehicles as “Used”, which is causing funding delays when “New” VSC coverage is sold on a previously titled vehicle. In order to help prevent current funding delays, Golden 1 Credit Union is suggesting that dealers provide a copy of the attached letter as part of the funding package. This is how we are currently helping to get held deals funded with Golden 1 Credit Union. 

Please disseminate the attached letter to your California dealers with instructions to include it when submitting finalized deal packets to Golden 1 Credit Union. This will help dealers avoid funding delays until we can work out a more permanent solution with this credit Union. We thank you for your continued support as we navigate through these unique and individual challenges.

Respectfully,

Steve Pino

Chief Operating Officer

Century Automotive