Foster’s 40-year career now includes being named Repossession Agent of the Year
Wednesday, Oct. 30, 2024, 01:15 PM
NAF Association touts success of Compliance Champions Workshop
Thursday, Oct. 31, 2024, 09:55 AM
New TransUnion research highlights broad interest in refinancing
Wednesday, Oct. 30, 2024, 10:44 AM
Latest Dealer Settlement Shows Importance of Advertising Compliance
Monday, Nov. 19, 2012, 12:00 AM
Nick Zulovich
SEATTLE and EVERETT, Wash. — Litigation and settlements associated with what legal experts have warned dealers about — compliance in connection with advertising — were back at the forefront again last week; this time in the Pacific Northwest. A potential ... [Read More]
Coastal Credit’s Holding Company to Merge with California Private Equity Firm in Nearly $80 Million Deal
Friday, Nov. 16, 2012, 12:00 AM
Nick Zulovich
RANCHO SANTA FE, Calif. — White River Capital and its wholly-owned subsidiary Coastal Credit — a specialized auto finance company founded back in 1987 — are being merged with a California-based private equity firm. Officials announced this week that Boston-based ... [Read More]
GM Financial’s Newest Asset-Backed Securitization Totals $1 Billion
Friday, Nov. 16, 2012, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — For the second time since just after Labor Day Weekend, General Motors Financial announced the pricing of an offering of automobile receivables-backed securities. This week, GM Financial announced the pricing of a $1.0 billion offering through ... [Read More]
DriveTime Picks Duncan/Channon to Lead Advertising Efforts
Friday, Nov. 16, 2012, 12:00 AM
Nick Zulovich
SAN FRANCISCO — Buy-here, pay-here dealership chain DriveTime recently chose Duncan/Channon to lead its advertising efforts. DriveTime said its new agency will create and execute a new campaign, including TV and radio, that's expected to launch early next year. Company ... [Read More]
TransUnion: Auto Loans Ignite Strongest Canadian Personal Debt Growth in 2 Years
Friday, Nov. 16, 2012, 12:00 AM
Nick Zulovich
TORONTO — TransUnion's quarterly analysis of Canadian credit trends showed that the average consumer's total debt — excluding mortgages — increased at its greatest rate in nearly two years, sparked in part by a climb in auto loan commitments. The ... [Read More]
NABD to Open 2013 with Second-Ever Boot Camp
Wednesday, Nov. 14, 2012, 12:00 AM
Nick Zulovich
HOUSTON — Since the intimate training event the National Alliance of Buy-Here, Pay-Here Dealers conducted last summer went so well, the organization is ready to do it again to begin 2013. NABD said it will host its second-ever BHPH boot ... [Read More]
AutoStar Solutions Announces Free BHPH Dealership Software Offer
Wednesday, Nov. 14, 2012, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Technology provider AutoStar Solutions recently announced its dealer management software system, Fusion Ignite, will be made available at no upfront cost to independent dealers in qualifying states. As part of this promotion, the company said buy-here, ... [Read More]
FEX DMS Dealers Exceed $1B in Active Receivables
Wednesday, Nov. 14, 2012, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express announced this week that its dealers using the FEX BHPH Platform are managing in excess of $1 billion of active receivables. Finance Express attributed this growth to an increase in its buy-here, pay-here ... [Read More]
GM Financial Partners with OPENLANE, DataScan Field Services for Off-Lease Remarketing Program
Wednesday, Nov. 14, 2012, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — General Motors Financial on Tuesday revealed alliances with both OPENLANE and DataScan Field Services to support a new online remarketing program for off-lease vehicles. The GM Financial DealerSource program is designed to be used by GM ... [Read More]
Dealertrack to Host Free Webinar on Website Compliance
Monday, Nov. 12, 2012, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Coming this week is the next session in a series of webinars from Dealertrack Technologies on best practices associated with compliance. The free webinar, which will hosted by Dealertrack compliance counsel Randy Henrick, will focus on ... [Read More]