DENVER, Colo. — When Centrix Financial was affected by regulatory actions against its primary clients, credit unions, several of the top executives behind the company decided to leverage their experience by branching out to establish a new indirect nonprime auto lending company — Universal Special... Read More

Thanks for Your Support

Dear Industry Friends: We hope you're enjoying SubPrime Auto Finance News and our weekly e-newsletter, SubPrime News Update, as much as we enjoy producing them. As we approach the half-year mark, we want to thank everyone in the industry for the strong support we've received. We would also like to share with... Read More

Honest Abe ... a Car Guy?

Editor's Note: This column is running in recognition of Presidents Day that was commemorated this past Monday. David Walsh will be a featured workshop leader at the upcoming Used Car Manager Conference in April, at which he will focus on overcoming objections and closing sales with confidence.  We... Read More

Linnehan's USA Computer Systems Names Sales Director

TRENTON, Maine — Linnehan's USA Computer Systems announced it has named Jay Rose as the company's national sales director.  In this role, officials said Rose will be responsible for overseeing all aspects of the business related to the promotion and marketing of USA Computer Systems. Rose will... Read More

PLANO, Texas, and NEW ORLEANS — Local officials and executives from Capital One Financial Corp. recently broke ground on the company's new corporate campus in Plano's Legacy business park. Capital One said the new campus will house its auto finance and banking offices.   Additionally, Capital One... Read More

FORT WORTH, Texas — According to AmeriCredit, the company is making progress with its integration of Bay View Acceptance Corp.  "We have combined the marketing of our core subprime credit products and specialty prime Bay View products in approximately half of the states we do business in, and look to... Read More

DealerTrack Can Help Dealers in the Subprime Business

LAKE SUCCESS, N.Y. — DealerTrack considers itself a vital resource for dealers working with credit-challenged consumers. The company boasts it has partnerships with all the leading lenders in subprime industry. "We've seen significant growth in the subprime industry," David Trinder, senior vice... Read More

FORT WORTH, Texas — J.D. Byrider announced the opening of a new franchise in the Dallas/Fort Worth area. The new facility is just one of four locations expected to be opened over the next five years by the Alabama-based franchisees. "Within about two years, we anticipate that 150 customers will be walking... Read More