Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

AutoStar Chooses NCM 20 Groups for New BHPH Dealer Network

Nick Zulovich
OVERLAND PARK, Kan. — NCM Associates announced Thursday it is working collaboratively with automotive dealership technology provider AutoStar Solutions to form exclusive AutoStar 20 Groups for its buy-here, pay-here management software users. To kick off the effort, NCM will host ... [Read More]

CU Direct, First Associates Partner for Loan Servicing Solution

Nick Zulovich
ONTARIO, Calif. — CU Direct recently signed a new partnership agreement with First Associates Loan Servicing for what officials called "a best in class" loan servicing solution for credit unions. As a result of the partnership, the companies highlighted the ... [Read More]

S&P/Experian: February Auto Loan Default Rates Edge Slightly Higher, Still Below Year-Ago Levels

Nick Zulovich
NEW YORK — Auto loan default rates moved up marginally in February compared to the previous month, but readings according to S&P Dow Jones Indices and Experian still fell below year-ago levels. The February auto loan default rate came in ... [Read More]

Senate Committee Votes to Approve Cordray Confirmation but Party-Line Division Remains

Nick Zulovich
WASHINGTON, D.C. — Confirmation to keep the director of the Consumer Financial Protection Bureau at his post took a step forward Tuesday by a narrow margin. Along the way, opposition reiterated its stance to how the regulatory agency is organized. ... [Read More]

Westlake and Primeritus Announce Partnership

Nick Zulovich
LOS ANGELES — Westlake Financial Services and Primeritus Financial Services formed a collaborative partnership on Tuesday. Officials highlighted that Primeritus will leverage its recovery management and skip-tracing services to assist Westlake with skip-to-locate services for the finance company's post charge-off ... [Read More]

New Hudson Cook Partner to Establish Oklahoma City Office

Nick Zulovich
HANOVER Md. — Hudson Cook recently added a new partner to establish the firm's new office in Oklahoma City. Joining the provider of legal compliance services is Eric Johnson, who firm leadership said will focus his practice on federal and ... [Read More]

NABD Highlights How Conference Can Help BHPH Flourish in Fertile Environment

Nick Zulovich
HOUSTON — CNW Research indicated more than 15 percent of all used-vehicle sales last month came through the buy-here, pay-here industry. And leaders from the National Alliance of Buy-Here, Pay-Here Dealers want to equip operators to secure an even larger ... [Read More]

Ally Financial Announces Renewal of $11B in Credit Facilities

Nick Zulovich
DETROIT — Ally Financial completed the renewal of $11 billion in credit facilities at both the parent company and at its banking subsidiary, Ally Bank, with a syndicate of 19 lenders. Last week, officials highlighted the secured facilities can be ... [Read More]

New Endorsement in Florida Keeps VINtek’s Growth Momentum Going

Nick Zulovich
PHILADELPHIA — As the company recently received an endorsement from the Florida Bankers Association, VINtek reported a 28-percent increase in new customer signings in 2012 for its collateral management services, electronic lien and title services and direct finance processing for ... [Read More]

Primeritus Financial Services Sells 2 Recovery Businesses

Nick Zulovich
NASHVILLE, Tenn. — Primeritus Financial Services announced the sale of two of its subsidiaries last week. Officials confirmed that Primeritus sold Repossessions Unlimited operating in Florida and Extreme Recovery in California.   In the first transaction, Chris Fazio purchased Primeritus' ownership ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X