In new survey results released today that looked at how married and divorced people deal with credit and debt that can include auto loans, Credit.com found that almost half (49 percent) of currently married couples reported their credit scores to ... [Read More]

Ally Financial's Relationship Management Center recently launched a new feature that can gives dealers the ability to send customers firm offers of credit. Ally explained the RMC is an online lead generation platform that can enable dealers to create and ... [Read More]

Consumer Portfolio Services navigated more pronounced subprime vehicle financing competition during the fourth quarter en route to record pre-tax profits for the year. The company reported this week that its Q4 earnings totaled $6.5 million or $0.21 per diluted share. ... [Read More]

Fiserv highlighted that dealers and lenders used its Automotive Loan Origination System (LOS) to process more than 13.6 million credit applications last year, an increase of 16.5 percent from the 2012 total. Fiserv said more than 4.6 million contracts were ... [Read More]

Because leadership had to literally "turn people away at the door" last month, the first module of the National Automotive Finance Association's Consumer Credit Compliance Certification Program will be repeated. NAF Association officials said today that the first module will ... [Read More]

While General Motors Financial no longer is strictly the AmeriCredit used-vehicle financing platform of 10 years ago after acquiring a wide array of international interests, company leadership remains pleased with its position and performance in terms of originations to subprime ... [Read More]

A presentation by Manheim chief economist Tom Webb as well as a keynote address by Joe Arpaio, who is known as "America's toughest sheriff," are some of the highlights of the next annual conference orchestrated by the National Vehicle Leasing ... [Read More]

NextGear Capital this week announced a new floor planning integration with AuctionACCESS, a development that comes on the heels of a credit line availability integration between the two companies. Officials highlighted these moves will allow auctions to quickly and efficiently ... [Read More]

The American Bankruptcy Institute reported that total filings in the United States decreased 13 percent in January from the same month last year. According to data provided by Epiq Systems, bankruptcy filings totaled 68,153 in January, down from last January's ... [Read More]

Despite financing originations tailing off a bit during the fourth quarter, Ally Financial senior executive vice president of finance and corporate planning Jeffrey Brown contends the company is in a great position to capitalize on growing vehicle and F&I sales ... [Read More]