ALEXANDRIA, Va. — Consumer bankruptcy filings have started on an upward trend this year, climbing by double digits month-over-month. The American Bankruptcy Institute revealed that February's total reached 102,686 filings, up from the 92,669 consumer filings recorded in January. The ... [Read More]

MINNEAPOLIS — Wolters Kluwer Financial Services said Wednesday that its relationship with RouteOne has been broadened, meaning that Wolters Kluwer's AppOne platform can now help independent dealers access a broader spectrum of lenders. As most likely know, AppOne is designed ... [Read More]

SCHAUMBURG, Ill. — Payments flowing into all segments of auto lenders improved as 2010 came to an end. Experian Automotive's quarterly analysis of the vehicle credit industry revealed 30- and 60-day loan delinquencies exhibited sharp declines. During the fourth quarter, ... [Read More]

DETROIT — Ally Financial announced this week a new member of its board of directors has been selected by the U.S. Department of the Treasury. Coming on board effective immediately is John Durrett, 62, who currently serves as a strategic ... [Read More]

COLUMBUS, Ohio — Midwestern dealers might want to consider Huntington if they are looking to secure financing through the Dealer Floor Plan Pilot Loan Program launched again last month by the U.S. Small Business Administration. Huntington officials declared Tuesday they ... [Read More]

HOUSTON , Texas — The National Alliance of Buy-Here, Pay-Here Dealers announced the introduction of a new technology program called Skips to Cash. It's designed to help BHPH operators nationwide in locating, recovering and liquidating bad debt skips. The Skips to ... [Read More]

SALT LAKE CITY — Prestige Financial revealed Thursday the company expanded its subprime lending programs to include eight more states. Dealerships in the following states now can use Prestige Financial's services: New Jersey, Wisconsin, Alabama, Kentucky, Kansas, Hawaii, Montana and ... [Read More]

FARMINGTON HILLS, Mich. — Having unveiled a free mobile application for the iPhone during the third quarter of last year, RouteOne this week rolled out another free app — this time for Android. RouteOne explained its Android app can help ... [Read More]

MIAMI, Fla. — For the first time since the recession began, LeaseTrader.com reported that it saw the rate of credit application approvals increase for first-time customers during the final quarter of the year. Credit application approvals grew by 4.5 percent since ... [Read More]

FORT WORTH, Texas — General Motors Financial/AmeriCredit announced latest financial results on Thursday, and in addition to revealing the company is looking to expand its prime lease program to near-prime and subprime customers, officials said quarterly loan originations are starting to ... [Read More]