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
BMW Financial Launches Non-Captive Lending Direct-to-Consumer
Tuesday, Oct. 2, 2007, 12:00 AM
Nick Zulovich
WOODCLIFF LAKE, N.J. — To mark the company's entry into the direct-to-consumer lending business, BMW Group Financial Services announced today the launch of www.up2drive.com, an auto financing site that features loan services designed to empower the consumer in the car buying and ... [Read More]
France Joins Triad Financial
Thursday, Sep. 27, 2007, 12:00 AM
Nick Zulovich
HUNTINGTON BEACH , Calif. — Triad Financial Corp. recently announced that Scott France, a former AmeriCredit executive, has been named senior vice president of portfolio management. In this position, officials said France will head up Triad's efforts to optimize portfolio performance ... [Read More]
Delinquency Bulletin: Subprime Mortgage Downfall Appears Contained
Thursday, Sep. 27, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin found that late payments for indirect auto loans were up slightly for the second quarter. These delinquencies increased to 2.77 percent from 2.73 percent. Meanwhile, direct auto loan delinquencies ... [Read More]
Part 2: What BHPH Operators Should Learn from Subprime Mortgage Crisis
Thursday, Sep. 27, 2007, 12:00 AM
Nick Zulovich
HOUSTON — About 30 days ago, I wrote an article about some of the lessons buy-here, pay-here operators should learn from the recent subprime mortgage meltdown. I received numerous comments relating to this article, and several respondents offered additional insights, which ... [Read More]
CarBiz Promotes Halloran to VP of Finance
Thursday, Sep. 27, 2007, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Carl Ritter, chief executive officer of CarBiz, recently announced the promotion of Jennifer Halloran to vice president of finance. Halloran previously served as controller for CarBiz, where she has been employed since 2000 in accounting, human resource administration ... [Read More]
NAF Association Announces Dates for Next Nonprime Conference
Tuesday, Sep. 25, 2007, 12:00 AM
Nick Zulovich
HANOVER, Md. — On Monday, the National Auto Finance Association announced that its 12th Annual Non-Prime Auto Financing Conference will be held June 4 to 6 at the Renaissance Worthington Hotel in Fort Worth next year. The goal of the ... [Read More]
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]
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]