In addition to Way.com's traditional refinance program, the Recapture Program is revolutionizing how credit union members save on their auto loans by making the process completely effortless. Unlike other refinance programs that require customers to gather their own loan details, Way does all the work by interfacing with real time credit data that details existing loan terms. With this information, Way collaborates directly with American First Credit Union to provide a firm offer of credit, making it easy for members to switch and save without the hassle. On average, Way.com provides annual savings of $1,850 to members that refinance their auto loans.

Way+ Bundle Enhances Every Auto Loan with Cashback and Protection

Each auto loan refinanced through Way.com and American First Credit Union comes with Way+, an exclusive bundle that provides both cashback savings and essential protections for drivers. With Way+, members receive cashback on gas, EV charging, parking, car washes, and repair and maintenance services, helping them lower everyday car expenses.

On average, this gives members $531 in cashback per year, making car ownership more affordable while ensuring continued savings on essential auto expenses.

Beyond cashback, Way+ also delivers peace of mind with benefits such as glass breakage protection, digital roadside assistance, a free mechanics hotline, a free 100-point inspection, and layoff protection. By bundling Way+ with each refinanced auto loan, Way.com ensures that members not only get a better loan rate but also ongoing savings and support for their vehicle.

"Way.com's Recapture Program is a game-changer for credit unions looking to better serve their members while increasing auto loan retention. Not only does it help us recapture loans that would otherwise stay with other lenders, but it also provides real, tangible value to our members with cashback and essential car protections. This is a strategic win for credit unions and a financial win for our members," said Michael Williams, SVP Lending and Member Experience at American First Credit Union.

"Extending our offerings and working with credit unions like American First is a no-brainer. We're able to support their members with the solutions we really believe in," said Steven Gordon, Way's Executive Director of Financial Partnerships.