Survey: 27% of consumers do not review their credit report annually
Wednesday, Oct. 2, 2024, 10:57 AM
Edmunds: Average amount financed for used cars drops in Q3
Tuesday, Oct. 1, 2024, 10:00 AM
FTC reiterates use of ‘plain language’ associated with regulatory activities
Monday, Sep. 30, 2024, 11:35 AM
MaximTrak Technologies and F&I Admin Unveil Partnership
Thursday, Sep. 29, 2011, 12:00 AM
Nick Zulovich
WAYNE, Pa. — Systems developer MaximTrak Technologies and software provider F&I Administration Solutions revealed they are partnering in an effort to allow dealers to electronically rate, contract and register contracts for all providers through the SCS Auto administration platform without ... [Read More]
BMW Financial Hopes to Lure Young Owners with College Grad Program
Thursday, Sep. 29, 2011, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — As a way to hook young professionals to its brand, BMW Group Financial Services recently rolled out a new College Graduation Program that includes special incentives on certified pre-owned vehicles. The program encompasses both leases and loans and ... [Read More]
CarMax to Open First Store in Massachusetts
Tuesday, Sep. 27, 2011, 12:00 AM
Nick Zulovich
RICHMOND, Va. — CarMax announced Monday that soon car buyers in Massachusetts won’t have to travel very far to check out the auto superstore’s used inventory. As of Nov. 16, a new store in North Attleboro, Mass., located at 120 ... [Read More]
Pelican Expands Senior Management Team to Keep Pace with Growth
Tuesday, Sep. 27, 2011, 12:00 AM
Nick Zulovich
CHERRY HILL, N.J. — Pelican Resource Group revealed Monday it is expanding its senior management team in an effort to keep pace with growth and fill key roles. As the subprime and buy-here, pay-here lender continues a national rollout, new ... [Read More]
CU Xpress Lease Ventures into Massachusetts
Tuesday, Sep. 27, 2011, 12:00 AM
Nick Zulovich
HAUPPAUGE, N.Y. — CU Xpress Lease recently signed its first provider in Massachusetts to offer a vehicle lease program first launched back in 2007. CU Xpress Lease's first enrollee in the Bay State is IC Federal Credit Union in Fitchburg, Mass. Founded ... [Read More]
Iowa BHPH Store Ready to Double Sales Thanks to New Funding Source
Tuesday, Sep. 27, 2011, 12:00 AM
Nick Zulovich
SIOUX CITY, Iowa — A stable buy-here, pay-here dealer thirsty for a line of credit so he can stop turning away credit-damaged but potentially profitable customers meets a financial services company eager to find established rooftops with growth potential. That's ... [Read More]
J.D. Byrider Expands Reach in Missouri and Florida
Thursday, Sep. 22, 2011, 12:00 AM
Nick Zulovich
TAMPA, Fla., and INDEPENDENCE, Mo. — J.D. Byrider revealed this week car shoppers looking for buy-here, pay-here dealerships in both Florida and Missouri will now have more options to choose from. With the opening of two new locations, one in ... [Read More]
CNW Reports FICOs for New and Used Buyers Are Up
Thursday, Sep. 22, 2011, 12:00 AM
Nick Zulovich
BANDON, Ore. — CNW Research reported today that the average FICO score for used buyers came in at 622.17 in the opening weeks of September. Meanwhile, on the new-car side, the company said the average FICO score was 691.37. Discussing the ... [Read More]
BMW Financial Services Launches Mobile Website
Thursday, Sep. 22, 2011, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Financial Services announced this week its customers will now have the ability to manage their accounts via their smartphones. After a secure log-in, captive finance customers can now make payment or obtain a payoff quote, ... [Read More]
BHPH Market Growth Sparks Pelican Resource Group’s New Programs & Expansion
Thursday, Sep. 22, 2011, 12:00 AM
Nick Zulovich
CHERRY HILL, N.J. — Steady growth of acquisition and buy-here, pay-here portfolios pushed Pelican Resource Group to launch new bulk and point of sales purchase programs as well as the rollout of a national expansion and a new West Coast ... [Read More]