WASHINGTON, D.C. — Intensifying its overseeing of credit reports, the Consumer Financial Protection Bureau put operations that supply information to consumer reporting companies on notice earlier this week. The CFPB released a bulletin stressing that under the law these companies ... [Read More]

MINNEAPOLIS — van Wagenen Financial Services recently confirmed participation in the Symitar Vendor Integration Program. Officials highlighted this development will directly benefit lenders managing auto loans on the Symitar core processing system by increasing the efficiency of auto loan payment ... [Read More]

EDMONTON, Alberta — With the subprime auto financing market as ripe as it has been in years, a Canadian company decided this week to jump into originating contracts in the United States. Edmonton, Alberta-based Carinco Financial Group Inc. revealed it ... [Read More]

ALEXANDRIA, Va. — Continuing a positive trend of fewer consumers walking away from debt, the American Bankruptcy Institute highlighted that total filings in the United States during August decreased 15 percent compared to the previous year. According to data provided ... [Read More]

HANOVER, Md. — The New York/New Jersey/Connecticut chapter of the National Vehicle Leasing Association is hosting a golf outing, dinner and charity raffle drawing in honor of their late colleagues who were instrumental with the association and the industry. Organizers ... [Read More]

SCHAUMBURG, Ill. — As a record number of new-vehicle buyers used either a loan or a lease to fund the deal, Experian Automotive indicated the number of subprime contracts kept rising during the second quarter. According to the latest State ... [Read More]

BANDON, Ore. — With the last day of August coming as part of Labor Day weekend, CNW Research tabulated that the used-vehicle sales figure for the month jumped 5.6 percent year-over-year. Combining sales at franchised and independent dealerships as well ... [Read More]

WASHINGTON, D.C. — This morning, the Consumer Financial Protection Bureau announced Steve Antonakes has been officially named deputy director of the agency. Antonakes had been serving as the acting deputy director of the CFPB. Officials indicated Antonakes will continue to ... [Read More]

BENTONVILLE, Ark. — This week, America's Car-Mart opened the 127th dealership in its network of buy-here, pay-here stores. And it's nearly certain the vehicle in inventory will be equipped with a GPS device, a practice the company hesitated in doing ... [Read More]

ATLANTA — According to Equifax's latest National Consumer Credit Trends Report, new credit for auto originations between January and May of this year soared to an eight-year high, producing an increase of more than 15 percent from same time a ... [Read More]