Survey: 27% of consumers do not review their credit report annually
Wednesday, Oct. 2, 2024, 10:57 AM
Survey: 27% of consumers do not review their credit report annually
Wednesday, Oct. 2, 2024, 10:57 AM
FTC reiterates use of ‘plain language’ associated with regulatory activities
Monday, Sep. 30, 2024, 11:35 AM
S&P/Experian Index Shows Auto Defaults Finally Make Downward Turn
Thursday, Oct. 21, 2010, 12:00 AM
Nick Zulovich
NEW YORK -—Auto loan defaults didn't decline by the same month-over-month level in September as second mortgages or bank card loans, but Standard & Poor's and Experian found that vehicle contracts did reverse their two-month-old trend. According to the most recent S&P/Experian Consumer Credit Default ... [Read More]
Hotel Discount Ends Soon for NRC and CPO Conferences
Thursday, Oct. 21, 2010, 12:00 AM
Nick Zulovich
CARY, N.C. — The Auto Remarketing Forum Series recently announced that the deadline to book a room at the Manchester Grand Hyatt for the National Remarketing Conference and the CPO Forum at the discounted conference rate of $239 per night is ... [Read More]
Gateway One Now Using AppOne Platform
Thursday, Oct. 21, 2010, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced Thursday a California-based finance company has adopted the AppOne platform as a pathway to reach dealers nationwide. Management from Gateway One Lending & Finance made the decision to use AppOne, which can assist with ... [Read More]
Western Funding Goes Under New Ownership
Thursday, Oct. 21, 2010, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — After pursuing Western Funding for some time, Katherine Cooper, Frederick Cooper and Phil Nick, of Harbor Structured Finance LLC, were recently able to strike a deal with Dwight Cope to purchase the company. According to Katherine Cooper, who ... [Read More]
CU Xpress Lease Bolsters West Coast Presence with New Office, VP
Tuesday, Oct. 19, 2010, 12:00 AM
Nick Zulovich
HAUPPAUGE, N.Y. — CU Xpress Lease, the joint venture by Fusion Auto Finance and GrooveCar, recently opened a Los Angeles-area office and chose a former Autoland executive to oversee the operations. Company executives indicated the new facility in Valencia, Calif., is ... [Read More]
While Identity Theft Soars, Treasury Discovers Major Crackdown on Auto Loan Fraud
Tuesday, Oct. 19, 2010, 12:00 AM
Nick Zulovich
VIENNA, Va. — A recent Financial Crimes Enforcement Network study indicates conscientious dealership staff and finance company personnel are greatly helping to squash fraudulent vehicle loans facilitated by identity theft prior to funding. FinCEN, a part of the U.S Department of Treasury, conducted ... [Read More]
Chase Taps Former BMW Exec to Head Up Remarketing
Tuesday, Oct. 19, 2010, 12:00 AM
Nick Zulovich
GARDEN CITY, N.Y. — Chase confirmed today that it has hired veteran Randy Beil as vice president and national manager of its vehicle remarketing group. His team is responsible for selling repossessed and off-lease vehicles to consumers and through dealer, Internet ... [Read More]
Ally Financial Pays Dividend on Preferred Stock Issued to Treasury, More
Tuesday, Oct. 19, 2010, 12:00 AM
Nick Zulovich
DETROIT — The Ally Financial Board of Directors announced today it has declared a quarterly dividend payment on certain outstanding preferred stock issued to the U.S. Department of Treasury. A quarterly dividend payment was declared on Ally's Fixed Rate Cumulative Mandatorily ... [Read More]
PassTime Says New Embedded SIM to be Contained Within Flagship GPS Device
Thursday, Oct. 14, 2010, 12:00 AM
Nick Zulovich
LITTLETON, Colo. — PassTime announced recently that it has become the first in the buy-here, pay-here vehicle telematics industry to utilize an embedded subscriber identity module (SIM) in its flagship solution application. Executives said the PassTime Elite Product Line will soon ... [Read More]
Customers’ Economic Troubles Hurt NowAuto’s Fiscal Year Revenue
Thursday, Oct. 14, 2010, 12:00 AM
Nick Zulovich
PHOENIX — Because of slowing sales due to economic struggles of its primary customer base, NowAuto Group revealed decreased revenues at the close of its fiscal year. The company calculated that its revenue totaled $5.1 million, resulting in a net loss ... [Read More]