Revamped JD Power Consumer Financing Satisfaction Study focuses on ‘financially vulnerable’
Thursday, Nov. 14, 2024, 10:00 AM
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BHPH Legislation Moves Forward in California
Friday, Jun. 1, 2012, 12:00 AM
Nick Zulovich
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CFPB Assistant Director Outlines Where Auto Finance Currently Falls in Bureau’s Priority
Friday, Jun. 1, 2012, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Evidently the auto finance industry isn't the top target of the Consumer Financial Protection Bureau just yet. CFPB assistant director Richard Hackett said during his keynote presentation Thursday during the National Automotive Finance Association's 16th annual ... [Read More]
Auto Data Direct Adds Minnesota Motor Vehicle Records to Database
Friday, Jun. 1, 2012, 12:00 AM
Nick Zulovich
TALLAHASSEE, Fla. — Another state's database has been added to Auto Data Direct's system that offers real-time motor vehicle records. Broadening the access to dealers and other parties, the company revealed this week that with the addition of Minnesota's motor ... [Read More]
J.D. Power: Improvement in Subprime Satisfaction Tops Chart in Canada
Friday, Jun. 1, 2012, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — While dealers in Canada are becoming more and more satisfied with the country's overall financing business, J.D. Power and Associates has found that the strides made in the subprime retail credit segment stand out above the ... [Read More]
Santander Expands to Service Prime Credit Tiers
Wednesday, May. 30, 2012, 12:00 AM
Nick Zulovich
DALLAS — Santander Consumer USA recently revealed it has expanded its auto finance lending program to include the prime tiers. The company — previously specializing in providing services to those with less-than-perfect credit — announced it has adopted a “full ... [Read More]
Experian: Used-Car Financing Opens Up
Wednesday, May. 30, 2012, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Touting an auto lending environment that's in as good a shape since the market fallout of 2008, Experian Automotive shared the results of the auto finance market's quarterly checkup on Tuesday, which — among many other findings ... [Read More]
Westlake Expands to Offer Services in Massachusetts
Wednesday, May. 30, 2012, 12:00 AM
Nick Zulovich
LOS ANGELES — Dealers in Massachusetts will soon be able to utilize auto finance company Westlake Financial Services, giving the lender a footprint in every U.S. state. The company revealed Tuesday it will begin loan originations in Massachusetts starting this ... [Read More]
Ally Chosen as Wholesale Finance Provider for RV Manufacturer
Wednesday, May. 30, 2012, 12:00 AM
Nick Zulovich
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Repo Rates Swoon in Q1
Tuesday, May. 29, 2012, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Sharing some interesting news for the repossession and recovery industries, Experian Automotive said today that first-quarter auto repossession rates plummeted more than 37 percent year-over-year. In its Q1 2012 State of the Automotive Finance Market report released ... [Read More]
Ace Motor Acceptance Reveals New CFO
Friday, May. 25, 2012, 12:00 AM
Nick Zulovich
MATTHEWS, N.C. — Subprime lender Ace Motor Acceptance Corp. recently revealed that due to expansion into new markets as well as the success of dealer financing tool BHPH In a Box, the company has chosen a new chief financial officer. ... [Read More]