DALLAS — Auto affordability remained on the downward slope during the third quarter, and playing a major role in this softening was sluggish income growth, according to Comerica Bank. While income stagnancy is a "drag" on the typical post-recession bounce-back in ... [Read More]

CARY, N.C. — The past few years have been tough across the board for lenders and dealers, particularly those working in the non-prime, special finance and buy-here, pay-here space. To help bring lenders and dealers together to get credit-challenged customers financed, ... [Read More]

CRYSTAL LAKE, Ill.  — Striving to make it easier for dealers to more efficiently and quickly close deals, Automotive Compliance Consultants revealed Monday that it will now enable dealers to access three major credit bureaus, as well as all credit-related documents from one ... [Read More]

CARMEL, Ind. — J.D. Byrider recently unveiled its Franchise of the Year winners and President's Awards, honoring a slew of stores throughout the country. The company announced the winners at its November convention in Rancho Palos Verdes, Calif. In the Franchise ... [Read More]

BENTONVILLE, Ark. — With an active customer base now above 52,000 accounts and double-digit climbs in sales and revenue, America's Car-Mart saw its second-quarter net income per diluted share soar 37.5 percent higher year-over-year. The company recently reported its second-quarter ... [Read More]

CHICAGO — TransUnion discovered the national auto delinquency rate — frequency of borrowers 60 or more days past due — decreased on a year-over-year basis for the eighth consecutive quarter. Analysts revealed Monday that the third-quarter rate dropped to 0.47 ... [Read More]

CARY, N.C. — To revamp its internal credit scorecard program, Prestige Financial Services recently announced that it has chosen business analytics software and services company SAS for the job Noting the reasoning behind the revamp, Steven Warnick, Prestige’s vice president ... [Read More]

MINNEAPOLIS — Wolters Kluwer Financial Services recently announced that a financial service provider focused on the recreation industry has joined its AppOne platform. Joining the ranks of lenders who use the platform is Trailer Solutions Financial. “Trailer Solutions Financial will use ... [Read More]

HAUPPAUGE, N.Y. — With online coupons rising in popularity, a new company is looking to drive more business for credit unions and dealerships through a unique automotive coupon program. Officials from cuautocoupon explained that they formed the company to provide ... [Read More]

WASHINGTON, D.C. — The Work Number, a service of Equifax, recently partnered with Seattle-based DocuSign to provide organizations and consumers a means to capture electronic signatures. Leveraging DocuSign's eSignature solution, organizations, including dealerships, can now submit electronically signed consent forms ... [Read More]