New ValidiFI report reinforces importance of spotting high-risk indicators of ACH transactions
Wednesday, Sep. 25, 2024, 11:10 AM
LegalShield: Spiking consumer financial stress 'not a fluke'
Thursday, Sep. 26, 2024, 11:32 AM
Survey: Despite notable lack of emergency funds, majority of Americans feel confident about handling unexpected expenses
Tuesday, Sep. 24, 2024, 10:28 AM
AFSA Adds to Vehicle Finance Conference Speaker Lineup
Tuesday, Jan. 13, 2009, 12:00 AM
Nick Zulovich
For more information, visit www.vehiclefinanceconference.com. [Read More]
GM, Chrysler Go National with Credit Union Partnership to Drive More Sales
Thursday, Jan. 8, 2009, 12:00 AM
Nick Zulovich
LANSING and DEARBORN, Mich. — Both General Motors and Chrysler announced this week that they are going national with their "Invest in America" credit union partnership to get more customers behind the wheels of domestic vehicles. GM announced Wednesday that it ... [Read More]
NowCom Teams Up with Experian to Provide AutoCheck
Thursday, Jan. 8, 2009, 12:00 AM
Nick Zulovich
LOS ANGELES, Calif. — Nowcom recently announced the integration of the AutoCheck vehicle history reporting service from Experian Automotive into its Dealer Desktop auto dealer software solution. This integration allows Nowcom's independent dealers to run AutoCheck vehicle history reports on their ... [Read More]
First Advantage CREDCO Now Offers Dealers Breakdowns of Demographic, Lifestyle Info, More on Consumers
Thursday, Jan. 8, 2009, 12:00 AM
Nick Zulovich
POWAY, Calif. — Earlier this week, First Advantage CREDCO announced it is introducing a consumer information decisioning product called Credit Advantage to help dealers. Offered exclusively from First Advantage CREDCO, Credit Advantage delivers consumer data beyond essential credit scoring indicators, providing ... [Read More]
Bank of America Joins RouteOne’s eContracting Platform; Aimbridge Integration Begins
Thursday, Jan. 8, 2009, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently announced that Bank of America is now participating on its eContracting platform. Moreover, the company has launched the first phase of its integration with Aimbridge Lending Solutions so that dealers can now send credit applications for ... [Read More]
DealerTrack Trims Employee Count, Including Senior Execs
Tuesday, Jan. 6, 2009, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — On Monday, DealerTrack announced a realignment of its work force, which includes reducing the work force by approximately 90 people, or 8 percent, in addition to trimming several executive and senior-level positions. The company currently anticipates annualized salary ... [Read More]
Wells Fargo Cuts 53 Employees at Arizona Auto Loan Center
Tuesday, Jan. 6, 2009, 12:00 AM
Nick Zulovich
SAN FRANCISCO — As part of its anticipated merger with Wachovia, Wells Fargo confirmed that 53 employees at its auto loan center in Tempe, Ariz., were cut. As earlier reported by SubPrime Auto Finance News, Wachovia Dealer Services is now handling the ... [Read More]
Annual Consumer Bankruptcies Climb by Double-Digits
Tuesday, Jan. 6, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — According to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center, U.S. consumer bankruptcy filings jumped by nearly 33 percent nationwide in 2008 from the previous year. The data showed that the overall ... [Read More]
GMAC Expands Credit Spectrum of Auto Financing
Tuesday, Jan. 6, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC Financial Services announced it has resumed auto financing for a broader spectrum of U.S. customers as a result of expanded access to funding as a bank holding company. The company said it has modified its credit criteria to ... [Read More]
AmeriCredit Names New Board Director
Tuesday, Dec. 16, 2008, 12:00 AM
Nick Zulovich
FORT WORTH — AmeriCredit recently announced a new member to its board of directors, in addition to retiring $108 million of senior notes due 2015. Becoming a board director is Bruce Berkowitz, meaning AmeriCredit now has 10 board directors. Offering a ... [Read More]