Foster’s 40-year career now includes being named Repossession Agent of the Year
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NAF Association touts success of Compliance Champions Workshop
Thursday, Oct. 31, 2024, 09:55 AM
New TransUnion research highlights broad interest in refinancing
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Wolters Kluwer Recaps Services Aimed at Compliance
Monday, Feb. 18, 2013, 12:00 AM
Nick Zulovich
MINNEAPOLIS — With regulatory compliance becoming even more urgent these days, Wolters Kluwer Financial Services reiterated that its professional services can help lenders, captive finance companies and loan servicing organizations obtain the information they need to understand U.S. regulations applicable ... [Read More]
Top Consumer Finance Attorney Returns to Hudson Cook
Monday, Feb. 18, 2013, 12:00 AM
Nick Zulovich
HANOVER, Md. — Hudson Cook recently announced a partner is returning to the firm to focus his practice on federal and state consumer financial services laws with particular emphasis in automotive financing. Coming back after a most-recent stint as counsel ... [Read More]
J.D. Byrider, Car-Mart Open New BHPH Stores
Monday, Feb. 18, 2013, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark., and CARMEL, Ind. — Both America's Car-Mart and J.D. Byrider added to their networks of buy-here, pay-here dealerships as one company strengthened its footprint in its home state while the other operation ventured into new territory. The 120th ... [Read More]
ABI: January Bankruptcy Filings Decrease by 11 Percent from Previous Year
Monday, Feb. 18, 2013, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The New Year began with total bankruptcy filings in the United States heading on a downward path as the January level dropped by 11 percent year-over-year. According to data provided by Epiq Systems, the American Bankruptcy Institute ... [Read More]
Finance Companies Stress Importance of Customer Service During BHPH Paper Transition
Friday, Feb. 15, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE SMYRNA, Ga. — Doug Pitcher cringed at the thought of buy-here, pay-here dealership paper moving to another finance company and the outcome going badly. "It's everything," Pitcher — the director of sales ... [Read More]
Leedom Group’s Vehicle Valuation Guidebook Ramps Up for Spring Launch
Friday, Feb. 15, 2013, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Leedom Group is gearing up to debut its BHPH Gold Book, what it's describing as a national vehicle valuation guidebook designed to provide dealers and consumers with real-world retail values for vehicles typically associated with the buy-here, ... [Read More]
VW Credit Celebrates Facility Expansion on Heels of Record-Setting Year
Friday, Feb. 15, 2013, 12:00 AM
Nick Zulovich
LIBERTYVILLE, Ill. — Coming off what was a record-setting year for the captive finance arm for Volkswagen and Audi, VW Credit celebrated the opening of a 30,000-square-foot expansion of its facility last week. Officials highlighted the $10 million expansion that ... [Read More]
AASC Board of Directors Appoints Broe as New Interim President and CEO
Friday, Feb. 15, 2013, 12:00 AM
Nick Zulovich
ATLANTA — Sister publication Auto Remarketing learned Thursday that Mike Broe has been appointed to the position of president and chief executive officer of Auto Auction Services Corp. AASC indicated Broe will serve in an interim capacity and will work ... [Read More]
Ally Financial Survey Shows Dealers Upbeat About F&I Prospects This Year
Wednesday, Feb. 13, 2013, 12:00 AM
Nick Zulovich
DETROIT — The F&I office should be busy this year based on the results of an Ally Financial survey conducted at the recent National Automobile Dealers Association Convention & Expo. More than 70 percent of participating dealers expect sales of ... [Read More]
Nationwide Acceptance Recapitalized by Prospect Capital
Wednesday, Feb. 13, 2013, 12:00 AM
Nick Zulovich
NEW YORK and CHICAGO — Continuing a string of investment firms pushing money into subprime auto lenders, special finance paper purchaser Nationwide Acceptance Corp. recently received an injection from Prospect Capital Corp. Officials said the combined debt and equity financing ... [Read More]