LEXINGTON, Ky. — Dealers' Financial Services announced it recently revamped its MILES site to improve functionality for dealerships and active duty military customers. The site, www.usmiles.com, is now updated to help take the MILES Program "to the next level" with upgraded ... [Read More]

TORRANCE, Calif. — To better entice customers into dealerships and complement the recently launched CARS program, Toyota announced that consumers can obtain special lease options on vehicles that qualify for the CARS program. Regionally, consumers can apply their CARS rebates toward ... [Read More]

McLEAN, Va. — Capital One Auto Finance has continued to reduce originations as the company responds to the turbulent economic environment. On the positive side, the business unit bolstered its net income from continuing operations. Originations came in at $1.342 billion ... [Read More]

WASHINGTON, D.C. — The Federal Reserve Board announced Monday that it will soon begin a statistical study of household finances to update data collected at the outset of the economic downturn that began in late 2007. The 2009 Survey of Consumer ... [Read More]

DEARBORN, Mich. — In a positive turn of events, Ford Credit announced today that it has posted net income of $413 million for the second quarter, a significant improvement of $1.8 billion from a net loss of $1.4 billion last year. ... [Read More]

FRANKLIN, Tenn. — Infiniti announced this week that it is now it is running special leasing and financing terms through Aug. 31. The automaker is offering zero percent financing on select 2009 models. Additionally, special lease rates are also available. For example, a lease on the 2009 ... [Read More]

SALT LAKE CITY — Prestige Financial Services recently named an executive vice president of operations. Promoted to this position is Rich Hyde. In this role, Hyde will oversee loan servicing, operations policy and client special situations for the Salt Lake City-based ... [Read More]

SYRACUSE, N.Y. — XpressCredit announced the introduction of a redesigned Web site with a more streamlined navigation flow and more comprehensive information on the company's product offerings. In addition to an entirely new look, some features of the new site, which ... [Read More]

BURBANK, Calif. — Lockheed Federal Credit Union announced it has slashed summer rates on new and used car loans as a part of its Summer Loan Sale, which will run through Aug. 31. "Consumers can save a bundle with special new ... [Read More]

DES MOINES, Iowa — Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Co, announced it has recently added $20 million to Tower Loan of Mississippi and its affiliated consumer lending companies' existing credit  facility, bringing the total facility to ... [Read More]