Frequently Asked Questions
To read the answers to some of our more frequently asked questions, simply click on your area of interest below:

• What Is Global Debt Network?
• How does GDNAuto work?
• What are the benefits of joining GDNAuto?
• What does it cost to use GDNAuto?
• How does GDNAuto screen applicants?
• How secure is the GDNAuto system?
• Will my data be kept private?

What is Global Debt Network?
GDNAuto is a web-based software application that enables independent dealers who originate loans to list and sell their loan portfolios to a nationwide pool of competing financial entities.

How does GDNAuto work?
GDNAuto uses a straightforward process to ensure the safety, security and privacy of our participating members. Our five-step process includes:

• Step One – Verification - GDNAuto's confidential approval process pre-screens dealers and financial institutions. Only qualified participants have access to the GDNAuto platform.
• Step Two - The Marketplace – Participants post their loans and determine the terms of the sale. Financial institutions then provide competitive bids and sellers select the winning bid.
• Step Three - Due Diligence – Prospective buyers review documentation online in the Gramm-Leach-Bliley compliant GDNAuto Secure Document Vault.
• Step Four – Closing – then finalize contracts based upon original agreed upon terms.
• Step Five - Funding - GDNAuto facilitates the transfer of funds between buyers and sellers.

What Are The Benefits Of Joining GDNAuto?
GDNAuto provides members with a fast, efficient, and secure means of enhancing their cash flow, increasing their auto and loan sales – and decreasing their cost of doing business.

In addition, GDNAuto is:

• Free to join for auto dealers
• Backed by a secure/membership-based system
• Based on a hassle-free loan sale method
• A secure means of accessing a nationwide pool of competing financial institutions
• Competitive funding options
• Not reliant on limited funding solutions

Additional benefits include:

• The right to share only the information you want to share
• A short, easy to complete sign up process
• Hassle-free means of listing portfolios for sale

What Does GDNAuto Cost?
Membership to GDNAuto is free (for more information, please see "Membership Criteria"). Once a member, dealers will pay a transaction fee only when they successfully complete a loan sale. For more information about the transaction costs, please see the pricing sheet PDF located in the 'Download Product Literature" section to the left.

How Does GDNAuto Screen Applicants?
To apply for membership with GDNAuto, applicants are required to submit a brief application online and then FAX their business and/or dealership license information.

This information is then processed through credit industry leader Experian to verify business information and to check for any history of fraudulent practice.

Designed to ensure the most trusted trading environment possible, the process generally takes about 48 hours.

How Secure Is The GDNAuto System?
GDNAuto provides access only to qualified members and uses the highest standards of online security, including a Tier 1 hosting facility and 256-bit Secure Socket Layer (SSL) encryption protection.

Will My Data Be Kept Private?
At GDNAuto, the sanctity of our members' data is of paramount importance. In addition to encrypted SSL protection, top-tier hosting facilities and Graham-Leach-Bliley compliant due diligence document review center, we also enable our sellers to reveal only what information they choose – and then only to authorized prospective buyers. At no time may a competitor view any information about your firm.

For more information about how we protect our members' data, please review our Privacy Policy.

For more information about how GDNAuto can help your firm, please contact us at:
(866) 559-4339 or info@gdnauto.com.