CARMEL, Ind. — Buy-here, pay-here dealership chain J.D. Byrider recently recognized winners of the company's annual awards at its November convention in New Orleans. The Franchise of the Year winners were chosen in three categories, including Single (one location), Mid ... [Read More]

TORRANCE, Calif. — Although back in September, George Borst retired as president and chief executive officer of Toyota Financial Services after 16 years, the former captive finance company leader is still receiving accolades. Due to his commitment to developing strong ... [Read More]

SCHAUMBURG, Ill. — Experian Automotive boiled down all of the data the vehicle financing industry generated during third quarter into two words: Good news. Experian found that outstanding automotive loan balances reached a record high since the company began publicly ... [Read More]

LAWRENCEVILLE, Ga. — Black Book recently rolled out its newest product, the Collateral Insight Engine, what it's calling the industry's most advanced resource for vehicle lenders. Black Book explained the Collateral Insight Engine can compile historical, current and projected vehicle ... [Read More]

DETROIT — Ally Financial just launched a new mobile app designed with direct customer input to make managing auto accounts easy and convenient. The Ally Auto Mobile Pay app can offer customers the ability to check payment status and schedule ... [Read More]

SALT LAKE CITY — Larry H. Miller Management Corp. President Clark Whitworth and Prestige Financial Services president Bryant Henrie jointly promoted an executive within the operation to be the new chief operating officer of Prestige. Taking on the position is ... [Read More]

OVERLAND PARK, Kan. — I know you've heard many times that it's the fundamentals — basic blocking and tackling – that separates winners from losers. While football coaches coined the phrase, it's also true in your buy-here, pay-here operation. Headwinds ... [Read More]

HANOVER, Md. — Compliance has been a buzzword uttered during staff meetings and conference cocktail parties throughout 2013. The NAF Association finalized plans to give lenders tools to make compliance more than just a conversation topic. Created by board leadership ... [Read More]

WASHINGTON, D.C. — Based on interest by members of the vehicle finance division of the American Financial Service Association, the organization formed a new vehicle commercial credit committee last week. The co-chairs of this new committee are: —Mike McConnell, vice ... [Read More]

PHOENIX — On-demand payment processor BillingTree recently announced the availability of Compliance Suite. BillingTree Compliance Suite can help companies to ensure compliance with laws, regulations and guidelines related to accepting payments from consumers. Officials believe Compliance Suite can bring it ... [Read More]