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
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]
Chase: Auto Originations Climb Over 2Q, but Remain Down from Last Year
Thursday, Oct. 14, 2010, 12:00 AM
Nick Zulovich
NEW YORK — While down year-over-year, Chase revealed this week that auto loan originations were up by about 5 percent quarter-over-quarter. For the third quarter, Chase reported that auto originations came in at $6.1 billion, down 12 percent from the prior ... [Read More]
Fed: Several Auto Loan Averages Show Little August Change
Tuesday, Oct. 12, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — After several months of notable changes, little movement involving the average interest rate on new-car loans at auto finance companies in August. According to the Federal Reserve's latest report, the August average edged down just marginally to 3.86 ... [Read More]
America’s Car-Mart Adds 100th Store, Offers Expansion Overview
Tuesday, Oct. 12, 2010, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart recently opened up its 100th dealership, extending its network that now stretches through eight states. Former Auburn football coach Pat Dye was on hand as part of the celebration to usher in the new store ... [Read More]
Fiserv’s Auto Loan Origination System to Integrate with Open Dealer Exchange
Tuesday, Oct. 12, 2010, 12:00 AM
Nick Zulovich
BROOKFIELD, Wis. — Fiserv announced Tuesday that its Automotive Loan Origination System will integrate with Open Dealer Exchange. The inclusion of Open Dealer Exchange in Fiserv's LOS is designed to give clients an extended range of alternatives for automating the exchange ... [Read More]
Experian Taps NADA Used Car Guide to Help Lenders
Tuesday, Oct. 12, 2010, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill — Experian Automotive announced Tuesday that it has chosen NADA Used Car Guide's vehicle valuation data for its AutoCount market share reporting for lenders. According to management, the accuracy of NADA's values can help retailers and lenders to better ... [Read More]
Access Capital Launches New Program for Auto Originators
Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
DENVER — Access Capital Investment Group recently unveiled a new acquisition program to assist auto loan originators in better managing their consumer portfolios. What ACIG believes is most unique is that this program has the flexibility to price and purchase all ... [Read More]
Another Lender Chooses Finance Express’ Online Platform
Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express revealed this week that ACS Financial has come on board as another lender using the provider's Web-based financial services and technology platform. Officials noted ACS offers leasing and retail financing at prime rates to ... [Read More]
Exeter Finance Opens Two New Branches, Joins RouteOne
Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
IRVING, Texas — On Wednesday, Exeter Finance Corp. announced it is opening two new offices, expanding the company's branch network, in addition to joining RouteOne. The special auto finance company has now has branches in Philadelphia and Atlanta. Rather than ... [Read More]
Mercedes-Benz Financial to Provide iPads to Entire Dealer Network
Thursday, Oct. 7, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Thanks to a successful pilot that was launched not long after the iPad became available, Mercedes-Benz Financial announced this week that it is handing out iPads to all 355 dealers to give them instant mobile access to ... [Read More]