CLEARWATER, Fla. — Nicholas Financial recently announced the opening of a new branch office in Akron, Ohio. The new location continues the company's planned expansion of its branch office network, which now includes, 49 offices in Florida, Georgia, North Carolina, South ... [Read More]

IRVINE, Calif. — Consumer Portfolio Services announced it received a staff deficiency letter from Nasdaq on Sept. 15 stating the company has failed to comply with the minimum bid price of $1.00 as required by Rule 5450(a)(1). Under the rule, which affects ... [Read More]

NEW YORK — According to U.S. Structured Finance, the market for auto loan asset-backed securities has been slowly coming back. This market has been helped in part by the Federal Reserve's Term Asset-Backed Lending Facility, officials indicated. "Also the re-emergence of ... [Read More]

CHICAGO — The less time a car buyer has to spend in a dealer's finance or service office, the more likely the person is to be a repeat customer. That's the goal behind The Impact Group's selection of the SCS Auto ... [Read More]

HANOVER, Md. — The two veteran attorneys of Hudson Cook are scheduled to receive the American Financial Services Association's 2009 Distinguished Service Award. Fittingly, the honors will be bestowed upon the firm's founding partners, Tom Hudson and Robert Cook. "I know of ... [Read More]

BOZEMAN, Mont. — Zoot, a provider of advanced instant credit decisioning and loan origination solutions, recently discovered that financial institutions are having a lot of difficulty with their credit risk policy development due to the quickly changing times. More specifically, part ... [Read More]

MINNEAPOLIS — Wolters Kluwer Financial Services announced this week that it has launched RefundOne Q4. This program is the latest edition of the company's tax estimation solution for buy-here, pay-here dealerships, allowing them to estimate a customer's 2009 federal tax refund ... [Read More]

SANTA MONICA, Calif. — During a time when Autodata reported nationwide industry sales down 12 percent, officials at Zag.com announced the company reached profitability. According to its second-quarter sales results, the online car-buying site saw an increase of 73 percent year-over-year. Those results were ... [Read More]

GAINESVILLE, Fla. — The vice president of Santa Fe Ford, based in Gainesville, Fla., reports that his store didn't need Cash for Clunkers to maintain strong sales. While the store used to pay money for bad credit leads, he says this ... [Read More]

WILMINGTON, N.C. — Carolina Automotive Resource Services recently announced a new partnership that may aid dealers in acquiring their target customer without having to pay for the service up front. The company has joined forces with www.igotmycar.com to help dealers find a specific set of ... [Read More]