The Department of Justice made a pair of announcements last week, with one involving Santander Consumer USA and the Servicemembers Civil Relief Act (SCRA). According to a news release, the finance company’s Chrysler Capital division has agreed to pay more ... [Read More]

Starmark Financial, a national debt buyer and first- and third-party servicer of accounts receivable for national and regional lenders, recently hired Daniel Venditti as executive vice president of operations. Venditti brings more than 24 years of financial services industry experience ... [Read More]

Plenty of exciting football action is on the docket this weekend with multiple Top 25 matchups in the college realm and Tom Brady playing his first NFL game against the New England Patriots. Flagship Credit Acceptance is leveraging the enthusiasm ... [Read More]

Culminating a partisan slog that stretched from Inauguration Day through the close of the third quarter, the U.S. Senate confirmed Rohit Chopra as the new director of the Consumer Financial Protection Bureau on Thursday by a 50-48 final vote that ... [Read More]

The prognosis for the economy, finance companies and investors continues to be mixed since experts and policymakers keep pointing toward a factor that has shown to be incredibly difficult to control. Cox Automotive, the Federal Reserve, the National Association of ... [Read More]

Mergers and acquisitions continue to permeate the entire automotive industry. Tuesday’s public development involved the GPS and risk mitigation spaces. Advantage GPS announced the acquisition of Michigan-based Asset Tracking Technology, a distributor of GPS tracking devices for finance companies, buy-here, ... [Read More]

Oftentimes when a federal regulator charges after a subprime auto finance company, it’s the Consumer Financial Protection Bureau or the Federal Trade Commission doing the investigations and handing out enforcement actions. Last week, it was the Securities and Exchange Commission ... [Read More]

As consumers repair their credit profiles, many individuals are looking to improve the terms of their retail installment contract for their vehicle. RateGenius is looking to help those particular people and other contract holders looking to see if they can ... [Read More]

Automatic is trying to modernize what the fintech startup is calling an “outdated, fragmented independent dealer financing ecosystem.” And it’s leveraging an equity crowdfunding campaign to continue on its path. On Friday, Automatic announced the effort to generate resources for ... [Read More]

Auto defaults are slowly ticking up again, and the seeds for more might be germinating, too, as shown by the data assembled and shared by Cox Automotive, Equifax, Experian and S&P. [Read More]