FINCO Announces 60 month payment option

SCHAUMBURG, Illinois - July 1, 2006 - American FINCO Financial Services, a leading provider of consumer credit to the home improvement industry, today announced another innovative new promotion.  The new 2.55 promotion allows dealers to give their customers a choice of increasing their minimum payments to 2.55% which is similar to a 60 month loan. 

"This new promotion along with our 911 (9% interest, 1% payment, for 1 year) and our Budget Plan (9% interest, 1% payment until purchase is paid off) gives our dealers the flexibility to meet the various needs of their customers." said Derek Hunter, National Sales Manager at American FINCO.  "The nice thing is that the dealer can still use the easy revolving paperwork, and the customer can still make purchase in the future with their revolving card which is great for repeat business."

American FINCO Financial Services is a leading third-party provider of consumer credit in the Home Improvement Industry.  Headquartered in Schaumburg, Illinois, the company currently offers private label financing to dealers in all 50 states and Puerto Rico.

CONTACT:  American FINCO Financial Services
                     Robert “Pete” Kanatzar
                     (847) 240-4291
                     pkanatzar@finco.com



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