The growing trend of service learning on college campuses got a recent boost via the support of the Ford Motor Company Fund, which is awarding $225,000 in Ford College Community Challenge grants to nine colleges and universities nationwide. The Ford College Community Challenge, or Ford C3, is a national challenge grant competition that recognizes schools […] [Read More]

WASHINGTON, D.C. — Intensifying its overseeing of credit reports, the Consumer Financial Protection Bureau put operations that supply information to consumer reporting companies on notice earlier this week. The CFPB released a bulletin stressing that under the law these companies — better known in the industry as furnishers — are responsible for investigating consumer disputes […] [Read More]

MINNEAPOLIS — van Wagenen Financial Services recently confirmed participation in the Symitar Vendor Integration Program. Officials highlighted this development will directly benefit lenders managing auto loans on the Symitar core processing system by increasing the efficiency of auto loan payment adjustments. The company insisted the integration coordinates insurance placement and core system technologies to enable […] [Read More]

EDMONTON, Alberta — With the subprime auto financing market as ripe as it has been in years, a Canadian company decided this week to jump into originating contracts in the United States. Edmonton, Alberta-based Carinco Financial Group Inc. revealed it is expanding into the U.S. market with a new acquisition. The company has purchased Massachusetts-based […] [Read More]

ALEXANDRIA, Va. — Continuing a positive trend of fewer consumers walking away from debt, the American Bankruptcy Institute highlighted that total filings in the United States during August decreased 15 percent compared to the previous year. According to data provided by Epiq Systems, August bankruptcy filings totaled 88,902, down from the 104,471 filings registered in […] [Read More]

In what the company described as its commitment to make it easier for customers to conduct business while preparing for future growth, Manheim recapped how it has invested more than $26 million during the past year to expand and upgrade its facilities and services in North America. Manheim highlighted the investment includes the addition of […] [Read More]

Chrysler Canada is gearing up for the eighth season of its Dodge Caravan Kids Program. The program works to support children and families facing the financial struggle that can come with playing Canadians' favorite pastime — hockey. These financial burdens can include hockey registration fees, gear and more. That’s where Dodge Caravan Kids comes in […] [Read More]

Edmonton, Alberta-based Carfinco Financial Group Inc. revealed this week it is expanding into the U.S. market with a new acquisition. The company has purchased Massachusetts-based Persian Acceptance Corp. (PAC), an indirect lender in the subprime retail automotive industry, from Peter and Jennifer Miller. Key members of PAC management will remain in place under the continuing […] [Read More]

Manheim Toronto announced a new hire this week. Tapped for the position of general manager is Don Wallace. In his new role as GM, Wallace will be responsible for all business operations at Manheim’s Canadian flagship location, the company reported. Wallace has worked with Manheim Canada for two years now, leading e-business and product development […] [Read More]

If there ever was a sign that Jack Neshe is tailor-made for the auction business, it’s this. When he was working at a franchised dealership in the Boston area during the 1980s, his day off each week was Friday. With a day free from the car business, what did he do during his time off? […] [Read More]