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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
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

Nova Scotia Dealers Sign Deal with TD Auto Finance

Nick Zulovich
HALIFAX, Nova Scotia — The Nova Scotia Automobile Dealers Association recently brought TD Auto Finance in as a Select Supplier for the dealer group, signing TDAF to a three-year agreement. Under the deal, TDAF will help NSADA offer value-added programs ... [Read More]

Finance Express Adds Santander to Lender Portal

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Dealership financial services company Finance Express revealed this week it has entered into an agreement with Santander Consumer USA, adding the company to its lender portal. Commenting on the news, David Huber president of Finance ... [Read More]

Car-Mart Amends and Restates Loan and Security Agreement

Nick Zulovich
BENTONVILLE, Ark. — Earlier this week, buy-here, pay-here store chain America's Car-Mart revealed that it entered into an amended and restated loan and security agreement with a group of five lenders. The new agreement took effect last Friday. The company ... [Read More]

CFPB Director Stresses Pledge to Reform Debt Collection

Nick Zulovich
WASHINGTON, D.C. — Consumer Financial Protection Bureau director Richard Cordray recently reiterated a head-turning fact: currently 30 million Americans are subject to some form of third-party debt collectors. And how these collectors, as well as repo agents and recovery departments, ... [Read More]

Wells Fargo Annual Giving Tops $200 Million for Fourth Consecutive Year

Nick Zulovich
SAN FRANCISCO — Wells Fargo & Co. recently tabulated that it invested $213.5 million in 19,000 nonprofits last year, giving more than $200 million for the fourth consecutive year. In addition, Wells Fargo said its team members increased their donations, ... [Read More]

DealerTrack Reveals Lineup of Best Practice Webinars This Month

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack recently revealed the lineup for several educational Webinars to be held this month. These DealerTrack University Webinars focus on best practices in the areas of mobile, leasing and compliance, the company noted. The free Webinars ... [Read More]

Huntington Helps Dealer Partners by Supporting Columbus Auto Show

Nick Zulovich
COLUMBUS, Ohio — In an effort to support its dealers partners and drive more auto loans, Huntington Bank announced it will be the presenting sponsor of the 2012 Columbus Auto Show being held March 15–18 at the Greater Columbus Convention ... [Read More]

Renovo Services Says Business Model Withstood Severe Weather

Nick Zulovich
CHICAGO — Renovo Services recently recapped how the company successfully implemented its business continuity plan as severe storms ripped through the Midwest and Southeast on March 4. Renovo chief operating officer Wes Goebel emphasized, "The recent storms in the southeastern United ... [Read More]

NADC Set for Annual Conference

Nick Zulovich
WASHINGTON, D.C.— The National Association of Dealer Counsel recently revealed the location for its 2012 Annual Member Conference. The spring event is scheduled for April 29–May 1 and will be held at Hyatt Regency Scottsdale Resort and Spa at Gainey ... [Read More]

Dealers Can Turn to Alternative Credit Data to Improve BHPH Underwriting

Nick Zulovich
HOUSTON — At this time of the year, buy-here, pay-here dealers are very busy selling vehicles to customers during the tax refund season. However, they often face the dilemma of selling vehicles to customers who have large down payments (from the tax ... [Read More]

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