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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

Car-Mart Broadens BHPH Footprint in Mississippi

Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart opened the 128th dealership in its network of buy-here, pay-here stores last week. Marking the fourth new dealership opening during its 2014 fiscal year, Car-Mart started operations in Meridian, Miss., the fifth location in the ... [Read More]

CFPB Targets Furnishers in Latest Bulletin Associated with Credit Reports

Nick Zulovich
WASHINGTON, D.C. — Intensifying its overseeing of credit reports, the Consumer Financial Protection Bureau put operations that supply information to consumer reporting companies on notice earlier this week. The CFPB released a bulletin stressing that under the law these companies ... [Read More]

van Wagenen Financial Services Coordinates Programs to Boost Loan Processing Efficiency

Nick Zulovich
MINNEAPOLIS — van Wagenen Financial Services recently confirmed participation in the Symitar Vendor Integration Program. Officials highlighted this development will directly benefit lenders managing auto loans on the Symitar core processing system by increasing the efficiency of auto loan payment ... [Read More]

Canadian Company Acquires Massachusetts-based Subprime Lender

Nick Zulovich
EDMONTON, Alberta — With the subprime auto financing market as ripe as it has been in years, a Canadian company decided this week to jump into originating contracts in the United States. Edmonton, Alberta-based Carinco Financial Group Inc. revealed it ... [Read More]

ABI: Bankruptcy Filings on Pace for Lowest Total Since 2008

Nick Zulovich
ALEXANDRIA, Va. — Continuing a positive trend of fewer consumers walking away from debt, the American Bankruptcy Institute highlighted that total filings in the United States during August decreased 15 percent compared to the previous year. According to data provided ... [Read More]

NVLA Golf Outing to Support Winthrop University Cancer Center for Kids

Nick Zulovich
HANOVER, Md. — The New York/New Jersey/Connecticut chapter of the National Vehicle Leasing Association is hosting a golf outing, dinner and charity raffle drawing in honor of their late colleagues who were instrumental with the association and the industry. Organizers ... [Read More]

Experian: Subprime Loan Volume Climbs Again in Q2

Nick Zulovich
SCHAUMBURG, Ill. — As a record number of new-vehicle buyers used either a loan or a lease to fund the deal, Experian Automotive indicated the number of subprime contracts kept rising during the second quarter. According to the latest State ... [Read More]

CNW: August Used Sales Rise 5 Percent

Nick Zulovich
BANDON, Ore. — With the last day of August coming as part of Labor Day weekend, CNW Research tabulated that the used-vehicle sales figure for the month jumped 5.6 percent year-over-year. Combining sales at franchised and independent dealerships as well ... [Read More]

CFPB Keeps Antonakes as Deputy Director

Nick Zulovich
WASHINGTON, D.C. — This morning, the Consumer Financial Protection Bureau announced Steve Antonakes has been officially named deputy director of the agency. Antonakes had been serving as the acting deputy director of the CFPB. Officials indicated Antonakes will continue to ... [Read More]

Equifax: Auto Originations Hit Levels Not Seen Since 2005

Nick Zulovich
ATLANTA — According to Equifax's latest National Consumer Credit Trends Report, new credit for auto originations between January and May of this year soared to an eight-year high, producing an increase of more than 15 percent from same time a ... [Read More]

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