Revamped JD Power Consumer Financing Satisfaction Study focuses on ‘financially vulnerable’
Thursday, Nov. 14, 2024, 10:00 AM
Credit availability eases again in October
Wednesday, Nov. 13, 2024, 11:14 AM
More insight from Equifax & TransUnion about Q3 delinquency
Wednesday, Nov. 13, 2024, 02:39 PM
Hudson Cook, CounselorLibrary.com, Auto Advisory Services to Host Auto Finance Program
Tuesday, Feb. 2, 2010, 12:00 AM
Nick Zulovich
HANOVER, Md. — Hudson Cook, CounselorLibrary.com and Auto Advisory Services will be hosting a special auto financing workshop next month in Orange County, Calif., that will touch on a variety of legal issues within the industry. As some may know, all of these companies ... [Read More]
ABI: 2010 Consumer Bankruptcies Likely to Climb from 2009
Tuesday, Feb. 2, 2010, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Though consumer bankruptcies in January fell 10 percent from the previous month, this isn't necessarily indicative of things to come. In fact, the American Bankruptcy Institute suggested Tuesday that various economic pressures could push bankruptcies this year past their ... [Read More]
Today is Final Day to Submit Nominations for Top 75 Subprime Companies
Tuesday, Feb. 2, 2010, 12:00 AM
Nick Zulovich
CARY, N.C. — SubPrime Auto Finance News announced this morning that today is the last day to submit nominations for the second annual listing of the top 75 subprime companies in the March/April edition. Please move quickly, as nominations will close ... [Read More]
RouteOne Debuts New Online Lead, Credit Application Tool
Tuesday, Feb. 2, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne has launched a new online lead and credit application tool for dealers that can help them manage and track customer leads, help make their online marketing activities more effective, and extend the reach of finance departments to their ... [Read More]
AmeriCredit Says It Has Rebuilt Originations Infrastructure
Thursday, Jan. 28, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — On Wednesday, AmeriCredit's president and chief executive officer announced that the company has "substantially completed the rebuild of our originations structure." This included reopening one regional credit center and increasing staffing for sales, underwriting and funding areas. ... [Read More]
SubPrime Auto Finance News Seeks Nominations for Top Companies
Thursday, Jan. 28, 2010, 12:00 AM
Nick Zulovich
CARY, N.C. — Nominations are now open for the second annual listing of the top 75 subprime companies in the March/April edition of SubPrime Auto Finance News. But please move quickly, as nominations will close end-of-day Tuesday, Feb. 2. "We are ... [Read More]
Wolters Kluwer Names Senior Attorney for Indirect Lending
Thursday, Jan. 28, 2010, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced Wednesday that it has named a senior attorney for its indirect lending business unit, which provides compliance tools and services to marine, RV and dealerships, and the lenders that serve them. Serving in this ... [Read More]
Huntington’s Finance & Dealer Group Doubles Market Share
Thursday, Jan. 28, 2010, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — Huntington Bancshares Finance & Dealer Services Group was the announced today that it is the No. 1 lender in Ohio for the fourth quarter of 2009. Huntington's share of loans for financing the sales of new and used ... [Read More]
RouteOne Completes Integration with Regional Acceptance
Tuesday, Jan. 26, 2010, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently completed an integration to process credit applications electronically for a North Carolina-based lender. Dealers who conduct lender services through Regional Acceptance Corp. can now use RouteOne's platform for a reduced fee. Regional Acceptance is a wholly ... [Read More]
Credit Acceptance Announces Pricing of Senior Secured Notes
Tuesday, Jan. 26, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — While Credit Acceptance announced last week that it intended to offer $225 million of first priority senior secured notes due in 2017, the company came back out this week saying that it has priced $250 million of these ... [Read More]