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SAN DIEGO — LEAP Financial, a vehicle leasing company that
serves consumers who have difficulty obtaining credit, recently tallied up the estimated
lender benefits from its recovery program.

During the 12-month period that ended March 31, the company
indicated the average lender benefit for each customer that settled with LEAP
was approximately $1,900, totaling a sum of more than $2.3 million.

Executives explained this total reflects an estimated number
by modeling the lender's reduction in expenses associated with the repossession
process and the increased income earned from selling the vehicle to LEAP
instead of selling it at auction.

In addition to lender benefits, LEAP also quantified
consumer benefits.

During the past 12 months, executives determined 85 percent
of customers had a lower payment with LEAP than with their prior lender. On
average, customers received a $125 reduction in their monthly payment.

The company insisted consumers chose to do business with
LEAP for a variety of reasons, including payment savings and vehicle retention.

LEAP offers lease programs for consumers who are facing
repossession or bankruptcy, providing a possible alternative to losing their
vehicle.

LEAP Financial chief executive officer Tim Condon contends these
figures illustrate the value of the company's unique business model, which is
geared to allow lenders to decrease losses on their defaulted auto loans while
customers can keep their vehicle.

Condon thinks this is an ideal tool for lenders that helps
them resolve defaulted auto debt.

LEAP can purchase the vehicles which secure these defaulted
auto loans from lenders at a price that is higher than lenders would otherwise
receive at auction. LEAP then can lease the vehicle back to the customer with
terms they can afford, providing a benefit to everyone involved.

"LEAP's role in the market is unique because we provide
benefit for both lenders and consumers," Condon stated.

"In situations when a lender is unable or unwilling to
modify the loan, LEAP can provide an alternative that allows the consumer keep
their vehicle," he continued. "Our lender partners are an important part of the
LEAP transaction, and we encourage consumers to work with their lender
throughout the process."

For more information about LEAP, contact Lindy Hood at
lhood@leapfinancial.com.