Exeter Finance Corp. completed the launch of its new originations platform this week; a process the company insisted can reduce the typical decision time to under 15 seconds. Additionally, Exeter highlighted that it is now able to restructure the loans ... [Read More]

CreditMiner recently reached an agreement with Equifax to give the credit inquiry tool access to the Prescreen of One service, an Equifax solution for individual, real-time prescreens that can help consumers by letting them know they are qualified for financing and enhance ... [Read More]

President Obama highlighted the move made by Ally Financial on Monday to offer its auto finance customers free access to their FICO score as a means to better understand their credit health. Obama mentioned the development during an event at ... [Read More]

The availability of financing coupled with family budget influencers such as softening gas prices prompted Manheim chief economist Tom Webb to say the following about the auto finance landscape — especially in relation to the subprime segment: “It doesn’t get ... [Read More]

Digital Recognition Network (DRN) and Shaw Systems Associates announced on Monday that Shaw will be embedding DRN’s location data and scoring analytics into its collections software platform. Officials highlighted DRN’s data and analytics will allow Shaw to address collections issues ... [Read More]

Along with revamping its tire-and-wheel coverage plan, F&I program provider RoadVantage recently unveiled a Web-based compliance management system (CMS) that can help dealers ensure their practices are compliant with standards set by the Consumer Financial Protection Bureau. RoadVantage explained that ... [Read More]

Automotive Compliance Consultants contends dealerships run the same risks as do national merchandisers such as Target and Home Depot that have been struck by hackers in recent months. Because cybercrimes are on the increase, Automotive Compliance Consultants and cyber-security partner ... [Read More]

The Larry H. Miller Group of Companies announced recently that Bryan Henrie, currently the president of Prestige Financial Services Inc., has now been named the president of Total Care Auto, effective immediately. “Bryant has worked for the LHM Group for ... [Read More]

GWC Warranty announced  that it has aligned with the National Independent Automobile Dealers Association as a bronze-level national corporate partner. “GWC has exemplified its commitment to being an innovation leader in ensuring independent auto dealers are relevant, profitable, compliant and ... [Read More]

Total bankruptcy filings were down 12 percent in 2014, making it five straight years of decreases, and commercial filings showed a particularly steep slowdown. That’s according to Epic Systems, Inc. data cited by ABI this week. And here’s the kicker: for ... [Read More]