LOS ANGELES — Analysts from GoBankingRates.com recently created a list of new vehicles recommended for subprime buyers. Headlining the list of "5 Cheap, Stylish Cars for Subprime Borrowers" was the Toyota Corolla. The site went with this model because of ... [Read More]

CHICAGO and WASHINGTON, D.C. — Finance managers trying to finalize that vehicle contract for a new college graduate might continue to have trouble getting that debt-to-income ratio at a point where the paper is purchased by a finance company. A ... [Read More]

CARY, N.C. — Of the four public dealer groups that conducted conference calls this week to discuss second-quarter results, only one shared details about noticeable changes regarding relationships with lenders as heightened regulation comes from the Consumer Financial Protection Bureau. ... [Read More]

ARLINGTON, Va. — Concerns about the volume of credit data gathered by the Consumer Financial Protection Bureau along with potential that information could be compromised were raised again by a former staff attorney at the Securities and Exchange Commission, who ... [Read More]

PHILADELPHIA — VINtek recently reported that the company assisted with the passage of electronic lien and title (ELT) legislation in Nevada, which has been signed into law by Gov. Brian Sandoval. The company explained ELT replaces paper automotive liens with ... [Read More]

SARASOTA, Fla. — Leedom and Associates is a month away from its next round of training sessions for buy-here, pay-here dealers, focusing on helping managers both sell vehicles and maintain collections. Leedom executive vice president and senior partner Chuck Bonanno ... [Read More]

MARBLEHEAD, Mass. — This week, FinCo Management — a provider of deep subprime dealer financing — began offering its new HYBRID 50 program to dealer partners with buy-here, pay-here experience. FinCo explained that dealer partners can get funded up front ... [Read More]

WASHINGTON, D.C. — The American Financial Services Association released a white paper on recent state developments in issuing and releasing liens and titles on motor vehicles, including Electronic Lien and Title (ELT), electronic titling, and other lien and titling issues, ... [Read More]

REDWOOD CITY, Calif. — Recovery Database Network recently introduced its Compliance Dashboard and Automation Center, a tool aimed at providing lenders with a visually dynamic way to easily assess key recovery performance data and monitor recovery vendor compliance with performance ... [Read More]

CENTENNIAL, Colo. — CU Direct Connect said it posted strong application and funded auto loan growth during the first half of the year. The non-profit credit union service organization aimed at providing vehicle lending and origination funding platforms utilized by ... [Read More]