Los Angeles, CA. June 30, 2006 – Westlake Financial Services announced they are forming a national alliance with Payless Car Sales, Inc. This union will provide more financing options to Payless Car Sales dealers and drive additional auto business to Westlake Financial Services.

"We are thrilled that Payless Car Sales and Westlake Financial Services have entered into a national alliance. We constantly look for solutions to help our Payless dealers succeed, and Westlake Financial can provide the products and services our dealers want and need," said Kevin Copeland, Executive Vice President-Franchise Development of Dealer Diversified, franchise area developer for Payless Car Sales.

"Westlake is proud to be associated with Payless, one of the top 10 car rental brands in the world and fastest growing used car franchise network in the country" said James Vagim III, President of Westlake Financial Services. "At Westlake, our goal is to simplify the car financing experience for both our dealers and their customers through innovative product offerings, a full spectrum of lending products and distinctive customer care. This relationship represents Westlake’s commitment to forming meaningful national Dealer alliance partnerships.

Westlake Financial has streamlined the sign up process for Payless Car Sales dealers and should have them completed within the next couple of weeks.

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