Black Book and defi SOLUTIONS are teaming up to present a free webinar titled, “The Power and Value of Integration.” The companies highlighted the four topics they plan to cover during the one-hour webinar, including: — How finance companies can ... [Read More]

The industry continues to be on a path toward $1 trillion in outstanding receivables and climbing contracts terms as new data from J.D. Power and LMC Automotive has the combination of strong sales and high transaction prices positioning March to ... [Read More]

In a move firm leaders hail as one that will significantly benefit dealers, Spencer Capital Holdings recently acquired SouthWest Dealer Services, an independent full-service provider of F&I products and services to dealers in the United States. SWDS has more than ... [Read More]

PaymentVision, a provider of PCI-compliant electronic payment processing services, will host a free webinar designed to help managers of compliance, accounts receivables and operations professionals learn about convenience fees. The webinar titled, “Introduction to Convenience Fees” will take place on ... [Read More]

Using descriptive words such as unsubstantiated, puzzlingly and unworkable, it didn’t take long for industry associations to question again the methodology of the Consumer Financial Protection Bureau, which on Thursday finalized its policy involving its public-facing consumer complaint database. Now ... [Read More]

In what could be a wake-up call for dealerships and F&I managers when explaining how warranties work according to federal mandates, BMW of North America agreed to settle Federal Trade Commission charges this week that its Mini division violated the ... [Read More]

This week, GWC Warranty, a national provider of vehicle service contracts and related finance and insurance products sold through dealers, began to celebrate its 20th year in business. Since opening in 1995, GWC Warranty has partnered with more than 20,000 ... [Read More]

In the past, Consumer Financial Protection Bureau director Richard Cordray called complaints the agency’s compass. And earlier today, the CFPB finalized its policy about how those complaints are gathered and posted — and more importantly for finance company leaders — ... [Read More]

Executives representing community banks and credit unions want federal lawmakers to study the impact financial agencies are having on them considering that these smaller operations believe they are being hit with the same regulatory zeal as what’s being unleashed on much ... [Read More]

Although auto loan defaults are drifting slightly upward, analysts who generate the S&P/Experian Consumer Credit Default Indices aren’t ready to hit the panic button. Analysts from S&P Dow Jones Indices and Experian found that the February auto loan default rate ... [Read More]