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Subprime Auto Lender Teams Up with CMSI to Support Expansion
Tuesday, Mar. 18, 2008, 12:00 AM
Nick Zulovich
COLUMBIA, Md. — Credit Management Solutions Inc., a leading provider of credit automation systems for all types of consumer lending, today announced that Exeter Finance Corp. has selected the Origenate credit processing system to support the expansion of its auto lending ... [Read More]
Solex Joins RouteOne
Tuesday, Mar. 18, 2008, 12:00 AM
Nick Zulovich
IDAHO FALLS, Idaho — Solex, a complete online F&I solution for RV dealers, recently announced it is integrating into the RouteOne system. The partnership is designed to give more than 250 lenders currently on the RouteOne auto network easy access to ... [Read More]
First Advantage CREDCO Launches Red Flags Solution
Thursday, Mar. 13, 2008, 12:00 AM
Nick Zulovich
POWAY, Calif. — First Advantage CREDCO, a provider of specialized credit reports for the auto industry, announced this week that it has launched a new comprehensive Red Flag Solution. The expanded product offering, which includes identity verification, Office of Foreign Assets ... [Read More]
Leedom Announces Details of BHPH Credit, Collections Conference
Thursday, Mar. 13, 2008, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Leedom and Associates recently announced that it will host its Buy-Here, Pay-Here Credit and Collections Conference May 28 to 29 in Dallas. The event is slated to cover: —Updated Industry Benchmarks. —Secrets to Underwriting Good Loans. —Collection Call ... [Read More]
Autosave Joins MenuVantage Provider Exchange Network
Thursday, Mar. 13, 2008, 12:00 AM
Nick Zulovich
ORLANDO, Fla. — MenuVantage announced this week that Autosave has joined its Provider Exchange Network. Autosave, a five-year/100,000-mile engine and transmission warranty program used by auto dealers throughout the U.S. and Canada, joins more than 50 other providers currently on the network. ... [Read More]
Legal Battle Heats Up Between DealerTrack, RouteOne, Finance Express
Thursday, Mar. 13, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — After discussions of a potential business arrangement between DealerTrack, RouteOne and Finance Express went sour several years ago, a legal battle soon followed. After the deal didn't work out, DealerTrack began exploring legal proceeding as it contended ... [Read More]
A.U.L. Corp. Now Integrated with CBC
Tuesday, Mar. 11, 2008, 12:00 AM
Nick Zulovich
NAPA, Calif. — A.U.L. Corp., which specializes in used-vehicle service contracts, announced that it is now integrated with Credit Bureau Connection's eF&I Complete. Officials describe this software as a comprehensive Web-based F&I and sales management system. Basically, eF&I Complete is designed ... [Read More]
AppOne Details Products Designed to Combat Red Flag Violations
Tuesday, Mar. 11, 2008, 12:00 AM
Nick Zulovich
fBATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, recently offered an overview of its products designed to help dealers with the soon-to-be instituted Identity Theft Red Flags and Notices of Address Discrepancy, more commonly known as "Red ... [Read More]
Credit Acceptance Corp. Expands Line of Credit Facility
Tuesday, Mar. 11, 2008, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced that it has increased the amount of its line of credit facility with a commercial bank syndicate from $133.5 million to $153.5 million. Other than described, officials indicated that there were no material ... [Read More]
DealerTrack Grows Annual Transactions 27 Percent
Tuesday, Mar. 11, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — Even while calling the second half of 2007 a challenging environment, DealerTrack announced that the number of transaction processed through its network jumped 27 percent for the year. This is up to 90.9 million, compared to 71.5 ... [Read More]