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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Huertas: Direct Lending and the Future of Auto Finance

Nick Zulovich
SKOKIE, Ill. — The auto lending market has been dominated by indirect lenders with very few companies that have both direct and indirect lending operations. The current state of the auto finance industry is marked by aggressive competition looking for ... [Read More]

Dealertrack Introduces New Fair Lending Compliance Resources

Nick Zulovich
LAKE SUCCESS, N.Y. — Dealertrack Technologies unveiled a new tool this week meant to assist dealerships in developing a fair lending policy and better defend themselves in credit discrimination audits. The company introduced an Equal Credit Opportunity Act Model Fair ... [Read More]

Sonic Automotive Taps CU Direct Connect as a Preferred Lender

Nick Zulovich
CENTENNIAL, Colo. — CU Direct Connect announced this week that it has signed an agreement with Sonic Automotive to be a preferred lender for the dealer group's stores in Colorado. Officials indicated the agreement became effective on Aug. 1. CU ... [Read More]

Zurich Automotive Spells Out 7 Steps for Red Flags Rule Compliance

Nick Zulovich
SCHAUMBURG, Ill. — With compliance associated with mandates issued by the Consumer Financial Protection Bureau creating quite an industry stir nowadays, Zurich Automotive revisited regulations that are a little older but still vital to day-to-day operations at dealerships. Zurich reiterated ... [Read More]

CarHop Adds 3 BHPH Stores, Broadens Footprint into South Dakota

Nick Zulovich
EDINA, Minn. — CarHop has continued to add to its network of buy-here, pay-here dealerships, venturing into another state among its three newest stores. The company is now moving metal at lots near San Diego, another in Pueblo, Colo., and ... [Read More]

US Equity Advantage Celebrates 10th Anniversary with 7 Milestones

Nick Zulovich
ORLANDO, Fla. — This year as US Equity Advantage celebrates its 10th year in business as a provider of biweekly and custom consumer loan acceleration services to the automotive industry, the company highlighted several milestone achievements. Those accomplishments include: —A ... [Read More]

Ally Financial Teams with Wolters Kluwer to Expand Reach of RV Financing Through AppOne Platform

Nick Zulovich
DETROIT — Ally Financial and Wolters Kluwer Financial Services announced that Ally has started to accept recreation vehicle finance applications through Wolters Kluwer's AppOne dealer portal. The companies explained AppOne is a Web-based platform that can provide Ally and its ... [Read More]

NABD Cautions Dealers About How IRS Is Intensifying Enforcement of Bad Debt Write-off Forms

Nick Zulovich
HOUSTON — It won't be long before buy-here, pay-here dealerships begin sales campaigns in hopes of turning metal based on potential buyers' tax refunds to be cashed in early next year. However, Ken Shilson warned of a snag those potential ... [Read More]

RouteOne Unveils New Financing Product to Cater to Online Buyers

Nick Zulovich
FARMINGTON HILLS, Mich. — This morning, RouteOne launched FinanceConnect, what the company highlighted as a new digital consumer credit application that can enable dealers to create a compelling and unique online shopping experience to drive sales and financing growth.  "More ... [Read More]

CNA National and RoadVantage Form Alliance to Promote VSCs, F&I Programs and More

Nick Zulovich
SCOTTSDALE, Ariz. — CNA National, a provider of vehicle service contracts and reinsurance programs, recently formed an alliance with F&I program provider RoadVantage. The companies are joining forces to market a full suite of ancillary products to dealerships nationwide. Officials ... [Read More]

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