Revamped JD Power Consumer Financing Satisfaction Study focuses on ‘financially vulnerable’
Thursday, Nov. 14, 2024, 10:00 AM
Credit availability eases again in October
Wednesday, Nov. 13, 2024, 11:14 AM
More insight from Equifax & TransUnion about Q3 delinquency
Wednesday, Nov. 13, 2024, 02:39 PM
AFSA Reveals Lender CEO Panelists for Annual Conference
Thursday, Dec. 1, 2011, 12:00 AM
Nick Zulovich
LAS VEGAS — Before the National Automobile Dealers Association kicks off its convention this year, the American Financial Services Association will be holding its 16th Vehicle Finance Conference and Exposition, with a bevy of industry experts set to present. And for one ... [Read More]
DriveTime Launches Indirect Lending Division for Dealers
Thursday, Dec. 1, 2011, 12:00 AM
Nick Zulovich
PHOENIX — DriveTime Automotive Group, which helps people with less than perfect credit get a vehicle, revealed to SubPrime Auto Finance News this week the launch of an indirect lending division doing business as GO Financial. In the subprime, buy-here, pay-here ... [Read More]
Comerica: Auto Affordability Drops Yet Again
Tuesday, Nov. 29, 2011, 12:00 AM
Nick Zulovich
DALLAS — Auto affordability remained on the downward slope during the third quarter, and playing a major role in this softening was sluggish income growth, according to Comerica Bank. While income stagnancy is a "drag" on the typical post-recession bounce-back in ... [Read More]
SubPrime Auto Finance News Seeks Help Updating Lender Directory
Tuesday, Nov. 29, 2011, 12:00 AM
Nick Zulovich
CARY, N.C. — The past few years have been tough across the board for lenders and dealers, particularly those working in the non-prime, special finance and buy-here, pay-here space. To help bring lenders and dealers together to get credit-challenged customers financed, ... [Read More]
Automotive Compliance Consultants Gives Dealers Ability to Check 3 Credit Reports from One Site
Tuesday, Nov. 29, 2011, 12:00 AM
Nick Zulovich
CRYSTAL LAKE, Ill. — Striving to make it easier for dealers to more efficiently and quickly close deals, Automotive Compliance Consultants revealed Monday that it will now enable dealers to access three major credit bureaus, as well as all credit-related documents from one ... [Read More]
J.D. Byrider Honors Top Locations
Tuesday, Nov. 29, 2011, 12:00 AM
Nick Zulovich
CARMEL, Ind. — J.D. Byrider recently unveiled its Franchise of the Year winners and President's Awards, honoring a slew of stores throughout the country. The company announced the winners at its November convention in Rancho Palos Verdes, Calif. In the Franchise ... [Read More]
Car-Mart’s 2Q Sales, Revenue and Income All Rise
Tuesday, Nov. 22, 2011, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — With an active customer base now above 52,000 accounts and double-digit climbs in sales and revenue, America's Car-Mart saw its second-quarter net income per diluted share soar 37.5 percent higher year-over-year. The company recently reported its second-quarter ... [Read More]
TransUnion: Delinquencies Decrease Year-Over-Year for Eighth Consecutive Quarter
Tuesday, Nov. 22, 2011, 12:00 AM
Nick Zulovich
CHICAGO — TransUnion discovered the national auto delinquency rate — frequency of borrowers 60 or more days past due — decreased on a year-over-year basis for the eighth consecutive quarter. Analysts revealed Monday that the third-quarter rate dropped to 0.47 ... [Read More]
Prestige Pairs with SAS to Revamp Internal Customer Scorecard
Tuesday, Nov. 22, 2011, 12:00 AM
Nick Zulovich
CARY, N.C. — To revamp its internal credit scorecard program, Prestige Financial Services recently announced that it has chosen business analytics software and services company SAS for the job Noting the reasoning behind the revamp, Steven Warnick, Prestige’s vice president ... [Read More]
Trailer Solutions Financial Joins AppOne
Tuesday, Nov. 22, 2011, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services recently announced that a financial service provider focused on the recreation industry has joined its AppOne platform. Joining the ranks of lenders who use the platform is Trailer Solutions Financial. “Trailer Solutions Financial will use ... [Read More]