Company Information

Get to know First Atlantic Auto Credit, LLC

First Atlantic Auto Credit (FAAC) is a specialized financial services company focused on the non-prime automotive lending market. Operating as an indirect lender, FAAC does not work directly with consumers but rather partners with franchised and independent automobile dealerships across the United States. The company's mission is to provide flexible and reliable financing options to individuals with less-than-perfect credit, enabling them to purchase vehicles while helping dealership partners increase their sales.

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First Atlantic Auto Credit, LLC

United States

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.