Revamped JD Power Consumer Financing Satisfaction Study focuses on ‘financially vulnerable’
Thursday, Nov. 14, 2024, 10:00 AM
Credit availability eases again in October
Wednesday, Nov. 13, 2024, 11:14 AM
More insight from Equifax & TransUnion about Q3 delinquency
Wednesday, Nov. 13, 2024, 02:39 PM
Wolters Kluwer Financial Services, Automotive Dealer Resources Partner
Tuesday, Sep. 25, 2007, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Earlier this week, Wolters Kluwer Financial Services announced that Automotive Dealer Resources will expand its product offerings with its preprinted retail sales installment contracts. Automotive Dealer Resources specializes in providing independent dealers and associations with access to a ... [Read More]
XpressCredit, SEADRA Team Up for Rent-to-Own Expansion
Tuesday, Sep. 25, 2007, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced that it has joined forces with Southeast Auto Dealers Rental Association to expand services to dealers providing long-term rentals with the option to own. Officials said the company's partnership with SEADRA is designed to allow ... [Read More]
Leedom and Associates Names New Moderator
Tuesday, Sep. 25, 2007, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — In response to growing demand, Leedom and Associates said it has added a new twenty group moderator and consultant. The firm recently named Robert Selby as a twenty group moderator and special finance consultant. According to officials, ... [Read More]
DealerTrack Launches Leads Program for Dealers
Thursday, Sep. 20, 2007, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — At its Innovation Conference in Las Vegas, DealerTrack announced the launch of a new leads program for dealers. The company has introduced DealerTrack Leads Network, which allows dealers to purchase leads at market price. "We believe the ... [Read More]
RouteOne Recognizes Lenders
Thursday, Sep. 20, 2007, 12:00 AM
Nick Zulovich
LAS VEGAS — This week, RouteOne announced the winners of the Captive and Non-Captive 'Funder of the Year' awards in Las Vegas. For the second straight year, readers of F&I magazine (which voted for their favorites) selected GMAC and Wells Fargo ... [Read More]
New Lender Joins Finance Express
Thursday, Sep. 20, 2007, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced an addition to its platform. Joining Finance Express is Consumer Portfolio Services. CPS is a specialty finance company that provides indirect auto financing to borrowers with past credit problems, low incomes or limited ... [Read More]
SmartMove Auto Announces Debt Financing Transaction
Thursday, Sep. 20, 2007, 12:00 AM
Nick Zulovich
DENVER — SmartMove Auto announced that it has completed a $30 million debt financing. The company has a chain of used stores that focus on subprime customers through buy-here, pay-here and rent-to-own business models. Morgan Keegan & Co. acted as sole ... [Read More]
Bankruptcy Filings Continue to Climb
Tuesday, Sep. 18, 2007, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings increased 17.3 percent nationwide in August from the previous month, according to the American Bankruptcy Institute. Overall consumer filings totaled 74,607 in August, up from the 63,600 filings in July, the group said, relying ... [Read More]
NRC Features Subprime Portfolio Remarketing
Tuesday, Sep. 18, 2007, 12:00 AM
Nick Zulovich
CARY, N.C. — Remarketing of subprime portfolios will enjoy the limelight at the upcoming National Remarketing Conference. Leading a workshop and imparting their insight will be Neil Boardman of Regional Acceptance Corp., and John Scordo of Universal Special Auto Finance. ... [Read More]
ADI Adds RouteOne to Curriculum, Platform Gains New Lender
Tuesday, Sep. 18, 2007, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced that the Automotive Dealership Institute will now include its Web-based credit application management system as part of the core curriculum for students enrolled in ADI's F&I Management Program. RouteOne will be included as a permanent ... [Read More]