Federal & state regulators revisit elder financial exploitation
Tuesday, Dec. 10, 2024, 10:32 AM
S&P Global Ratings offers 2025 forecast, answers worldwide economic questions
Monday, Dec. 9, 2024, 11:18 AM
PODCAST: Experian connects vehicle collateral quality with defaults
Friday, Dec. 6, 2024, 10:41 AM
Former Top Auto Finance Execs Join to Establish New Full-Spectrum Indirect Auto Lender
Tuesday, Jun. 3, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Sixth Gear Solutions Corp., an independent auto finance company providing financing solutions to dealerships across the United States, today announced its entry into the market with $1 billion in equity and debt financing commitments to fund its ... [Read More]
Peak5 Launches Program to Help Lenders Check Servicing Strategies
Tuesday, Jun. 3, 2008, 12:00 AM
Nick Zulovich
CENTENNIAL, Colo. — Peak5 announced the release this week of a new benchmark program designed for auto finance companies to test their internal servicing strategies. The program, Test Drive Peak5, aligns with the goal of finance companies to stay on top ... [Read More]
First Advantage CREDCO Introduces New Bankruptcy Leads Program for Dealers
Tuesday, Jun. 3, 2008, 12:00 AM
Nick Zulovich
POWAY, Calif. — First Advantage CREDCO, a provider of automotive sales leads and credit reporting solutions, recently announced the availability of an upgraded bankruptcy leads system. Now integrated with the company's online service center, CREDCOservices.com, participating U.S. dealers can take advantage ... [Read More]
Zoot Launches Instant Credit Decisioning to Help Lenders, Dealers
Thursday, May. 29, 2008, 12:00 AM
Nick Zulovich
BOZEMAN, Mont. — Zoot, a provider of advanced instant credit decisioning and loan origination solutions, announced the availability of its automated negotiation system, which is a fully customizable program for lenders that provides dealers with accurate and timely loan information. Basically, ... [Read More]
DAASW to Host Online Sale Only Featuring Subprime Units
Thursday, May. 29, 2008, 12:00 AM
Nick Zulovich
PHOENIX — As auto delinquencies and charge-offs ramp up, retaining high recovery rates remains necessary. Equally vital is the need to help dealers serving customers who are running into credit troubles due to the housing fallout. In response to these challenges, ... [Read More]
Large Midwest Auto Lender Joins RouteOne
Thursday, May. 29, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that Chicago-based Harris, one of the largest automobile finance sources in the Midwest offering an indirect auto business to more than 3,200 dealers in 23 states, has joined the growing roster of finance sources on ... [Read More]
TowerGroup Outlines Successful Strategies for Lenders to Overcome Current Crisis
Thursday, May. 29, 2008, 12:00 AM
Nick Zulovich
NEEDHAM, Mass. — TowerGroup's senior analyst of consumer lending recently released a report discussing the current trends and challenges facing the auto lending market and how lenders can successfully circumvent these obstacles. Bobbie Britting reported that auto delinquency rates are growing. ... [Read More]
CUDL Slated to Host 10th Annual Auto Lending Symposium
Tuesday, May. 27, 2008, 12:00 AM
Nick Zulovich
LAS VEGAS — On June 18 to 20, CUDL will host its 10th annual Auto Lending Symposium at the Venetian, bringing remarketers, dealers, analysts, credit union specialists and more together to discuss the role of the credit union marketplace in auto ... [Read More]
NADA Offers Help to Reach Subprime Customers
Tuesday, May. 27, 2008, 12:00 AM
Nick Zulovich
McLEAN, Va. — As many as three out of five auto consumers suffer from damaged credit, according to the National Auto Dealers Association. "Dealers could be leaving a great deal of money on the table — perhaps hundreds of thousands of dollars ... [Read More]
Van Wagenen Teams Up with AmeriCredit
Tuesday, May. 27, 2008, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Van Wagenen Financial Services recently announced that it has been selected by AmeriCredit to provide insurance tracking for its auto finance portfolio. "We chose van Wagenen for its technological expertise and extensive experience in insurance tracking and related products. ... [Read More]