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
Acura Financial Services Makes Debut
Tuesday, Apr. 28, 2009, 12:00 AM
Nick Zulovich
TORRANCE, Calif. — In order to better meet the needs of its luxury brand's dealers and customers, American Honda Finance Corp. recently launched a separate financial services offering for Acura. According to officials, the introduction of Acura Financial Services is just ... [Read More]
Soft Sales Volumes, High Credit-Loss Provisions Impact Ford Credit’s 1Q Performance
Tuesday, Apr. 28, 2009, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Like many of its peers in the industry, Ford Motor Credit's first-quarter performance was negatively affected by credit restrictions as well as low consumer confidence and job losses through the country, according to the company. Specifically, in its preliminary quarterly ... [Read More]
Capital One Auto Finance Back in the Black After Tough 4Q
Thursday, Apr. 23, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — Capital One's National Lending segment reported that economic deterioration ramped up in the first quarter, most particularly in the labor markets, hurting this division. However, interestingly enough, the officials said that their auto finance unit proved to be ... [Read More]
ARA Teams with DRN to Help Recovery Agents Improve Returns for Lenders
Thursday, Apr. 23, 2009, 12:00 AM
Nick Zulovich
DALLAS — The American Recovery Association and Digital Recognition Network, which specializes in license plate recognition, announced this week that they have joined together for a three-year marketing and sales agreement. The agreement means ARA will utilize DRN's license plate recognition ... [Read More]
Zoombak Launches Referral Program that Offers Cash for New Customers
Thursday, Apr. 23, 2009, 12:00 AM
Nick Zulovich
NEW YORK — Zoombak recently announced the launch of its new Customer Referral Program, which is designed to reward customers for word-of-mouth marketing and to drive sales of its GPS locator technology. The company will send $25 in cash to customers ... [Read More]
GMAC Honors Community Service of Associates
Thursday, Apr. 23, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services announced the recipients of its biannual Community Leadership Award this week, which is created to recognize exemplary volunteerism and the charitable giving of its associates. The announcement of these recipients is in connection with National Volunteer ... [Read More]
U.S. Bank Launches Special Auto Loan Program for Eco-Friendly Vehicles
Tuesday, Apr. 21, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Late last week, U.S. Bank announced that it has created a new auto loan program that offers a half-percent rate reduction on loans new and used models certified by the EPA as environmentally friendly SmartWay vehicles. Officials boasted that their ... [Read More]
KBB Selects BMW Financial Services’ up2drive.com to Help Web Shoppers
Tuesday, Apr. 21, 2009, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — BMW Group Financial Services recently announced that up2drive.com has been selected by Kelley Blue Book as its exclusive online lender for the kbb.com Web site. An automotive financing Web site that features convenient loan services, up2drive.com is ... [Read More]
RouteOne’s New Partnerships
Tuesday, Apr. 21, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently released a plethora of news, including partnerships with Market Scan Information Systems, ProMax Online and new integration between XpressCredit and Automobile Consumer Services on its platform. The most recent news is the fact the company ... [Read More]
Regional Acceptance Names Collection Agency of the Year
Tuesday, Apr. 21, 2009, 12:00 AM
Nick Zulovich
GREENVILLE, N.C. — On Monday, Regional Acceptance Corp. named its 2008 Collection Agency of the Year. Accepting this honor is accounts receivable management firm Central Credit Services. This is the fourth year Regional has handed out a Collection Agency of the ... [Read More]