NEW YORK — The Conference Board's Labor Economist indicated Monday that the economy is displaying no sign of strength, predicting that it's quite possible the economy could become even weaker in the second half of the year. More specifically, Ken Goldstein, ... [Read More]

LAS VEGAS — According to Tony Boutelle, president and chief executive officer of CUDL, credit unions are a great avenue to turn to for indirect auto loans, especially with some national and non-prime lenders retrenching. "Credit unions are in a great ... [Read More]

IRVINE, Calif. — Consumer Portfolio Services announced earlier this week that it faired the tough marketplace relatively well in the second quarter. Its second quarter revenues are up, compared to the second quarter of 2007. More specifically, officials said revenues were ... [Read More]

NORTH YORK, Ontario — DataScan Field Services recently announced it has contracted with Honda Financial Services to provide floor plan inventory verification for vehicles and power equipment throughout Canada. This is DataScan's first national OEM audit client in Canada, officials pointed out.  ... [Read More]

NEW YORK — GMAC Financial Services announced Wednesday that the Federal Deposit Insurance Corp. has granted a 10-year extension of GMAC Bank's current ownership by extending the existing disposition requirement that was established in connection with the sale of a majority ... [Read More]

WESTLAKE VILLAGE, Calif. — Power Information Network reported late last week on the success of General Motors' zero-percent APR program. According to the company, the program provided a lift for the automaker both in terms of loyalty and conquests from competitors. ... [Read More]

WOODCLIFF LAKE, N.J. — Alphera Financial Services' portfolio of serviced assets, which was launched in 2006 to provide BMW's award-winning customer service to other franchises owned by its dealers, announced late last week that it is expanding, in addition to ... [Read More]

IRVINE, Calif. — Consumer Portfolio Services announced Monday that it has received an additional $15 million in senior secured financing from an affiliate of Levine Leichtman Capital Partners as a follow-up to last week's $10 million financing. The company borrowed a ... [Read More]

CINCINNATI — OneCommand announced today that BarNone, a leader in specialty finance and consumer services, has chosen the company to help increase its Internet lead response rate. By augmeting its online lead generation and BDC operations with OneCommand's Voice Messaging solution, BarNone ... [Read More]

FARMINGTON HILLS, Mich. — RouteOne announced this morning that it will integrate with XpressCredit, a Web-based credit application management system. The goal of this integration is to allow RouteOne's finance sources to use their existing connections to conduct business with XpressCredit's ... [Read More]