RALEIGH, N.C. — Consolidated Asset Recovery Systems recently hired a new vice president of sales. Joining the provider of repossession and remarketing services is Jeff Swisher. CARS is looking for Swisher to help the company further scale the sales organization ... [Read More]

CHICAGO — A new TransUnion study found that people who monitor their own credit files open significantly more new auto loans and credit cards, and perform generally as well on those loans as consumers who do not monitor their own ... [Read More]

NEW YORK — The most recent index results from Fitch Ratings indicated U.S. auto ABS loss rates rose 12 percent from levels seen in August, though performance was notably stronger in September than in past years to close out the ... [Read More]

CARY, N.C. — As the October sales month winds down, used-car sales projections for the period are up. SubPrime Auto Finance News compiled the sale forecasts for October from TrueCar.com, Edmunds.com and CNW Research. While the numbers may vary, the ... [Read More]

ELIZABETH, N.J. — A new Arizona-based vendor screening company today launched what it's calling the first online compliance management system for the auto lending industry. Vendor Transparency Solutions explained that it developed an industry-specific, comprehensive, supplier screening solution designed to ... [Read More]

ATLANTA — This week's ceremony during the NABD East Coast Conference to enshrine the newest member of the alliance's Hall of Fame turned back the clock on the buy-here, pay-here industry to a time of handshake contracts and Southern hospitality. ... [Read More]

WASHINGTON, D.C. — Since its own study showed discrepancies between the credit scores sold to creditors, lenders and finance companies and ones sold to consumers, this week the Consumer Financial Protection Bureau started to accept credit reporting complaints. Scott Pluta, ... [Read More]

REDWOOD CITY, Calif. — Recovery Database Network announced this week that it has integrated its application with MasterFiles, a data service provider of public records information for the purposes of debt collection, asset recovery and creditworthiness. Explaining the partnership further, ... [Read More]

CARY, N.C. — For dealers who might have missed its NABD East Coast Conference presentations earlier this week, Tax Max Refund Services is offering a free Webinar this coming Monday titled, "Moving Cars by Starting Tax Season in November." Chip ... [Read More]

DETROIT — Less than seven days after announcing it was selling insurance business interests in Mexico, Ally Financial on Tuesday reached an agreement to sell its Canadian auto finance operation, Ally Credit Canada, and ResMor Trust to Royal Bank of ... [Read More]