For the second time in about a year, Credit Acceptance is dealing with an attorney general subpoena. The finance company acknowledged late on Friday through a filing with the Securities and Exchange Commission that it received a subpoena from the ... [Read More]

Dealer Marketing Services, the makers of ProMax, on Monday announced significant enhancements to its certified integration with Dealertrack. ProMax is a certified partner of most major dealer management systems, and has offered a certified integration with Dealertrack since 2009. The ... [Read More]

A week ago, a lawsuit landed in the Northern District of Texas, Dallas Division where five national organizations and a coalition of associations located throughout Texas filed a legal challenge to the Consumer Financial Protection Bureau’s rule that prohibits the ... [Read More]

Along with highlighting seven major findings and availability of the 2017 Non-Prime Automotive Financing Survey, the National Automotive Finance Association on Friday announced the next stage of its compliance training offerings. Building off of the momentum generated by wide-spread leveraging ... [Read More]

Two operators in the auto finance space recently celebrated year No. 2 together. GWC Warranty recently marked two years of partnership with Metrolina Credit by joining the Carolinas-based finance company at the grand opening of its new corporate headquarters and ... [Read More]

FactorTrust finalized a partnership this week with leading analytics-driven marketing consultancy, DataLab Data Solutions (DDS), which couples high-quality, clean data with deep analytics and model development, giving its customers the best opportunity for successful targeted marketing programs. The addition of ... [Read More]

S&P Global Ratings certainly didn’t dismiss the Cox Automotive estimates that Hurricane Harvey may have destroyed 300,000 to 500,000 vehicles, while Hurricane Irma ruined up to 400,000 units. But analysts suspect any severe impacts on the collateral for auto loan asset-backed securities ... [Read More]

Earlier this week, Westlake Financial Services announced the launch of its eContracting automotive loan origination solution in all 50 U.S. states through DealerCenter. And the finance company reached this accomplishment earlier than company officials expected. “Our goal was to launch ... [Read More]

If your shop is struggling with originating quality paper or keeping customers current, perhaps here’s some good news. The opinions of business leaders including company chief executive officers, directors, chairmen and presidents highlighted in White Clarke Group’s new U.S. Auto ... [Read More]

Recovery Industry Services Co. (RISC) recently reached a new threshold of industry professionals completing its Certified Asset Recovery Specialist (CARS) and CARS-FC certification program. Since it was launched in 2002, RISC tabulated that it has certified more than 10,000 individuals ... [Read More]