EFG Companies wants dealers to generate up to $200,000 in revenue per year through a new F&I product rolled out this week. The firm announced the launch of its re-imagined Motorist Assistance Plan (MAP) vehicle service contract. EFG Companies highlighted ... [Read More]

Experian’s latest State of the Automotive Finance Market Report showed delinquency rates on auto financing declined during the first quarter. Experian determined 30-day delinquencies decreased from 1.98% in Q1 of last year to 1.93% in Q1 of this year, while ... [Read More]

Both S&P Global Ratings and Moody’s Investors Service are trying to use their data and information about the auto ABS market to project the health of finance companies and their portfolios later this summer and beyond. Each firm considered payment ... [Read More]

Nicholas Financial found a way to cheer the close of its 2020 fiscal year since it broke a string of two consecutive years of negative earnings. And the subprime auto-finance company also highlighted how funds from the Paycheck Protection Program ... [Read More]

Earlier this week, the chair of the taskforce on federal consumer financial law created at the beginning of the year by the Consumer Financial Protection Bureau offered an update on the group’s progress on examining the existing legal and regulatory ... [Read More]

American Guardian Warranty Services (AGWS) announced brand new product additions to its appearance protection solutions and compass auto product lines this week. The F&I provider that offers products and services in the automotive, RV, powersports, marine and commercial trucking markets ... [Read More]

The journey of Open Lending being acquired by Nebula, a special purpose acquisition company sponsored by True Wind Capital, that began back in January climaxed this week as the business combination was approved by Nebula’s shareholders at an “extraordinary” general ... [Read More]

Both Used Car Week and the National Automotive Finance Association recognize that hosting industry events in a COVID-19 era requires extra efforts to make highly desirable learning and networking programs as safe and successful as possible. With those unique circumstances ... [Read More]

ProGuard Warranty wants their customers to be singing about including a vehicle protection product with their new- or used-car purchase. ProGuard is collaborating with SiriusXM to offer customers nationwide a three-month SiriusXM subscription, included at no extra cost, with the ... [Read More]

Send a text message. Collect a payment. That’s what Blytzpay and ABCoA Deal Pack are looking to accomplish for finance companies via its new integration. The companies recently indicated customers utilizing ABCoA’s Deal Pack DMS will now be able to ... [Read More]