DAYTONA BEACH, Fla. — Veteran repossessor and Time Finance Adjusters executive Patrick Altes believes there has been an industry myth circulating for years about how voluntary repossessions are expected to unfold easier for both agents and lenders. However, Altes takes ... [Read More]

RALEIGH, N.C. — Along with forging two other partnerships with technology providers for compliance and more, Consolidated Asset Recovery Systems officially began its Right to Cure Auction through relationships with Copart and Asset Nation. As CARS discussed previously in leading ... [Read More]

NASHVILLE, Tenn. — Officials from AutoCreditApproved.com, a website that connects consumers with poor credit to willing lenders, recently added a certified dealership partner in Nashville, Tenn. The site now is connected with Wholesale Inc. AutoCreditApproved.com chief executive officer Sean Bradley ... [Read More]

ALEXANDRIA, Va. — As 2011 comes to an end, a look back on the year reveals that consumers and businesses may be recovering from the credit crisis of 2008, and are likely to continue their progress this coming year. Total ... [Read More]

CARY, N.C. — As Cherokee Automotive Group launches our first week of e-newsletters in 2012, our readers will see some changes. With our new schedule, we are making some shifts and increasing the frequency of SubPrime News Update to three times ... [Read More]

HAUPPAUGE, N.Y — The coupon program that was designed to help drive more business to credit unions and dealerships just revealed that it has signed on four New York metropolitan area credit unions to its network.   The cuautocoupon signees ... [Read More]

HAUPPAUGE, N.Y. —  Economic uncertainty doesn’t seem to be affecting consumer’s desires for luxury features in a car, according to loan aggregator GrooveCar. At least for those in Long Island, luxury reigns above fuel efficiency and economy, according to a ... [Read More]

BANDON, Ore. — According to the latest data from CNW Research, all credit application categories posted significant increases in December versus a year ago — especially subprime. In fact, subprime made the largest jump of the three categories CNW listed, ... [Read More]

ALEXANDRIA, Va. — The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) made the bankruptcy system cumbersome and costlier to use for both debtors and bankruptcy professionals, according to a recent study funded by the American Bankruptcy Institute ... [Read More]

CHICAGO — TransUnion analysts credited shrewd decisions by dealers and lenders for pushing their 2012 auto loan delinquency projections higher than readings expected as this year closes. TransUnion indicated this week that the ratio of borrowers 60 or more days ... [Read More]