ARLINGTON, Va. — The Consumer Bankers Association recently reported results on consumer bankruptcies from the Administrative Office of the U.S. Courts. Data indicated that so far this year bankruptcies are on the upswing. According to officials, through the first three quarters ... [Read More]

FARMINGTON HILLS, Mich. — Chrysler Financial announced late last week it has named three new executives to the company to serve as executive vice chairman, chief financial officer and chief risk officer, respectively. Filling the position of executive vice chairman is ... [Read More]

LAKE SUCCESS, N.Y. — DealerTrack Aftermarket Services announced late last week that EasyCare/APCO has entered the DealerTrack Aftermarket Network. As part of this agreement, DealerTrack Aftermarket Network users can access EasyCare's features for free, officials indicated. Additionally, the company notes DealerTrack ... [Read More]

SARASOTA, Fla. — CarBiz has continued to grow over the past month, as the company recently added six stores in Illinois, officials indicated. The facilities are located in East Peoria, Moline, Loves Park, Rockfor, Pekin and DeKalb, the company stated. In ... [Read More]

BROOKFIELD, Wis. — Fiserv announced earlier this week that it is embedding Carleton's SmartCalcs financial compliance software into its Automotive Solution's Loan Origination System. Adding SmartCalcs directly into the Fiserv LOS automates rate calculations, validates state usury law compliance and keeps ... [Read More]

TEMPE, Ariz. — NowAuto Group recently reported results for its fiscal first quarter, saying that a change from sales to leases impacted results, as some of the lease revenue is deferred. More specifically, the company indicated that it earned $1.1 million ... [Read More]

SARASOTA, Fla. — Leedom and Associates its third Buy-Here, Pay-Here Credit and Collections Conference will held May 28 to 29 in Dallas, Texas. According to Chuck Bonanno, conference chairman, the event will focus on how to underwrite successful buy-here, pay-here contracts; ... [Read More]

ALAMO, Calif. — Global Debt Exchange Automotive is preparing to go live in early January of next year. What exactly does the site do? Well, it was created to offer a new marketplace where independent and buy-here, pay-here dealers can go ... [Read More]

LAKE SUCCESS, N.Y. — DealerTrack announced Monday that the number of active financing sources connected to its network has reached 450. In addition to the 450 financing sources on the DealerTrack network, the company indicated that about 90 percent of franchised ... [Read More]

ARLINGTON, Va. — The Consumer Bankers Association will host its 2008 National Automobile Finance Conference & Tradeshow March 30 to April 1 at the Hilton San Francisco in California. "For over 20 years CBA's automobile finance conference and tradeshow has been ... [Read More]