FRESNO, Calif. — For decades, Credit Bureau Connection contends that dealers have stored deal and compliance documents in big metal file cabinets and wondered what length of time to keep them. Now, CBC believes it has a solution to make ... [Read More]

WASHINGTON, D.C. — As the Consumer Financial Protection Bureau prepares its annual report to Congress, the agency wanted specifics of what compliance matters other federal regulators are involved with regarding non-bank entities, which can include franchised and independent dealerships. The ... [Read More]

CHICAGO — TransUnion developed what it called an innovative risk assessment model designed to help auto lenders evaluate the potential for future loan delinquency based on the history of the vehicle used as collateral. Officials highlighted that they developed the ... [Read More]

ALEXANDRIA, Va. — While there is a lot of talk in the media these days about America's economic recovery, the truth is that most Americans are experiencing a recovery that is tepid, at best. Many of us are still struggling ... [Read More]

REDWOOD CITY, Calif. — Most of the metrics included in the latest RDN Monthly Analytics Update indicated downward movement in April. Analysts said April recovery volumes dropped 2 percentage points versus the March level. However, the April reading came in ... [Read More]

SANTA MONICA, Calif. — Nearly half of the markets represented among the Top 10 for the highest monthly auto loan payment for a new model in April are located in the same state, according to Edmunds.com. And popular vehicles sold ... [Read More]

SCHAUMBURG, Ill. — Loans to deep subprime buyers jumped in the first quarter. So did 30-day and 60-day delinquencies as well as repossessions. The latest State of Automotive Finance report from Experian Automotive showed that 30-day auto loan delinquencies rose ... [Read More]

LAS VEGAS — The National Alliance of Buy-Here, Pay-Here Dealers is still giving operators the chance to attend at least part of its upcoming Dealer Academy and National Conference. NABD is offering day passes for the events that begin Sunday ... [Read More]

CINCINNATI — DriveItNow, a provider of online monthly payment marketing technology, described its new patent-pending Shop-By-Payment service as one aimed at "totally changing" the way consumers shop for vehicles on the Internet. How? DriveItNow says its new Shop-By-Payment service flips ... [Read More]

LAKE SUCCESS, N.Y. — Dealertrack Technologies chairman and chief executive officer Mark O'Neil emphasized that the more governmental regulations dealers face, the more valuable the company's suite of solutions are. Along with highlighting store appeal for its inventory management system ... [Read More]