Foster’s 40-year career now includes being named Repossession Agent of the Year
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SFG Finance’s Senior VP of Acquisitions Set to Retire
Wednesday, Jan. 9, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE ARLINGTON, Texas — SFG Finance announced Tuesday that the company's senior vice president of acquisitions, Robert Chickowski, will soon be retiring. Chickowski is stepping away from the company on Jan. 31. SFG ... [Read More]
VINtek Strengthens Share Among Lenders Servicing Military Borrowers
Wednesday, Jan. 9, 2013, 12:00 AM
Nick Zulovich
PHILADELPHIA — VINtek recently highlighted the growing adoption of its VINtekTIME automotive collateral management system and processes as well as increased interest in its eSignature and eContracting solution by military-focused lenders, supporting thousands of military borrowers around the world. Through ... [Read More]
Shilson: What Compliance Moves BHPH Dealers Should Make
Monday, Jan. 7, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE HOUSTON — With the close of another year, most buy-here, pay-here operators will evaluate last year's performance by comparing their financial results with the past. They will base their goals and strategy ... [Read More]
NADA: FTC Keeps Dealer Sales Activities Out of Potential Cooling-Off Rule Adjustments
Monday, Jan. 7, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE WASHINGTON, D.C. — The Federal Trade Commission recently completed its systematic review of the Cooling-Off Rule and determined that no changes to the rule are warranted that would have impacted dealers. In ... [Read More]
Total 2012 Bankruptcies Decrease by 14 Percent, Lowest Since 2008
Monday, Jan. 7, 2013, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The America Bankruptcy Institute discovered total filings last year dropped by 14 percent compared to 2011's figure. According to data provided by Epiq Systems, last year's bankruptcy figure represented the lowest since the start of the recent ... [Read More]
CUDL Marking 10th Year at NADA
Monday, Jan. 7, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE ONTARIO, Calif. — CUDL and subsidiary Vero, providers of identity recovery and vehicle aftermarket products and services, announced plans to participate at the National Automobile Dealers Association Convention & Expo for the ... [Read More]
Edmunds.com: Expect Growth in Subprime Market This Year
Friday, Jan. 4, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE SANTA MONICA, Calif. — When Edmunds.com considered the Top 10 trends expected for 2013, an even higher increase in auto loans to subprime consumers made the list. Senior analyst Jessica Caldwell stated ... [Read More]
SFG Finance Rolls Out New Bulk Purchase and Flow Programs
Friday, Jan. 4, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE ARLINGTON, Texas — SFG Finance, a purchaser of auto paper from buy-here, pay-here dealers, franchised dealers, finance companies, banks and credit unions, announced two major changes to its business model for 2013. ... [Read More]
Regional Management Expands into Georgia
Friday, Jan. 4, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE GREENVILLE, S.C. — Regional Management Corp., a diversified specialty consumer finance company, revealed the expansion of its auto lending operations into Georgia today, raising its footprint to eight states. The newest location ... [Read More]
Bank of the West Exec Discusses How Auto Lending Has Evolved, What Could Be Ahead
Friday, Jan. 4, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE SAN FRANCISCO — Paul Wible, executive vice president of the national finance group at Bank of the West, recently shared his perspective on how the vehicle lending experience changed for buyers during ... [Read More]