CLEARWATER, Fla. — Nicholas Financial recently announced it has been included on the Russell Microcap Index during Russell Investment's annual reconstitution of its family of U.S. indices, which became effective at the close of business on June 25. Membership in ... [Read More]

NEW YORK — DBRS recently assigned final ratings to several non-prime classes issued by Santander Drive Auto Receivables Trust 2010-A. The ratings firm gives Santander Consumer strong marks, saying the company is maintaining the philosophy of Drive Financial. The ratings include: ... [Read More]

FORT WORTH, Texas — Digital Recognition Network, a provider of license plate recognition technology, recently partnered with RepoHiring.com to provide assistance with anticipated personnel growth. DRN indicated it plans to hire as many as 20 professionals for its headquarters within the ... [Read More]

COSTA MESA, Calif. — ZimpleMoney recently launched a new dealer solution, ZimpleAuto. Executives explained the tool is geared so lot management can make and manage vehicle loans to low and middle-income borrowers whose credit was destroyed by the ongoing recession. The ... [Read More]

McLEAN, Va. — As much as consumers might be conducting research before making a vehicle purchase, the seventh annual Rules of the Road Survey from Capital One Auto Finance found that many buyers are still ending up in a financial challenge after ... [Read More]

PHILADELPHIA — VINtek celebrated a significant landmark this week, revealing Monday that the 20-year-old company's clients list recently reached 1,000 customers. Moreover, officials said the company is still adding several clients daily throughout its various business segments. VINtek said its customer ... [Read More]

DETROIT — General Motors has apparently decided to forgo plans to acquire a captive lending arm and instead is in talks with various financial institutions to strike up new partnerships that increases auto loans approvals across the credit spectrum. GM already ... [Read More]

WOODCLIFF LAKE, N.J. — Initially rolled out to five states, BMW Group Financial Services and Open Dealer Exchange emphasized their ever-expanding relationship enables BMW dealers to enjoy paperless eContracting and contract data validation directly through Open Dealer Exchange. They believe the ... [Read More]

CHICAGO — TransUnion wanted to learn more about how consumer performance might vary if the individual had multiple accounts with the same lender as opposed to having just one relationship. The company this week released study findings that examined this situation ... [Read More]

DALLAS — Santander Consumer USA announced today that it will purchase $3.2 billion of CitiFinancial Auto's loan portfolio. Moreover, Santander has also agreed to service a portfolio of approximately $7.2 billion of auto loans that will be held onto by Citi. ... [Read More]