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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

Wells Fargo, Fifth Third Bank Pledge Additional $75M to SNAAC

Tuesday, Aug. 30, 2011, 12:00 AM
Nick Zulovich
MASON, Ohio — Security National Automotive Acceptance Corp. announced Monday that on top of a previous $200 million commitment, the company has also secured an additional $75 million commitment from Wells Fargo Preferred Capital and Fifth Third Bank. SNAAC noted ... [Read More]

LEAP Financial Expands Headquarters

Thursday, Aug. 25, 2011, 12:00 AM
Nick Zulovich
SAN DIEGO — Fueled by more customers and staff, LEAP Financial, an auto leasing company that helps consumers facing repossession or bankruptcy either keep their vehicle or get a different one, recently expanded its footprint in San Diego. In a ... [Read More]

Northland Reveals New Consumer-Friendly Website, Expanding Social Media Presence

Thursday, Aug. 25, 2011, 12:00 AM
Nick Zulovich
BURNSVILLE, Minn. —Northland Auto Enterprises — creator of used-car leasing program Ren’T’Own — revealed this week the launch of their new website. The site, www.rtolto.com, aims to educate consumers on the potential benefits of used-car leasing and also provides dealers ... [Read More]

Federal Officials: Credit Quality of Large Loan Commitments Improves for Second Consecutive Year

Thursday, Aug. 25, 2011, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The credit quality of large loan commitments owned by U.S. banking organizations, foreign banking organizations (FBOs), and nonbanks — which could include accounts such as subprime auto loans — have improved this year for the second consecutive ... [Read More]

Credit Acceptance Announces Finalization of $75M Revolving Secured Warehouse Facility

Thursday, Aug. 25, 2011, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced the completion of a $75 million revolving secured warehouse facility with an institutional investor. The company noted that under this facility it will contribute loans to a wholly-owned special purpose entity (SPE), ... [Read More]

TransUnion: Delinquencies Decline for Seventh Consecutive Quarter, Auto Debt Increases Marginally

Tuesday, Aug. 23, 2011, 12:00 AM
Nick Zulovich
CHICAGO — According to TransUnion, national auto delinquency rates have not only shown a decline for the seventh consecutive quarter, but also remain at historically low levels. Dropping from .49 percent in the first quarter to .44 percent at the ... [Read More]

Car-Mart Lifts Income 4 Percent, Chairman Falgout to Retire

Tuesday, Aug. 23, 2011, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart enjoyed nearly a 4-percent gain in net income in the first fiscal quarter, boosted its sales by almost 7 percent and says its business model is stronger than ever. The company also revealed that its chairman ... [Read More]

Leedom Financial Services Announces Asset Sale to Spartan Financial

Tuesday, Aug. 23, 2011, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Leedom Group recently revealed that Leedom Financial Services has completed a sale of all its performing assets to American Credit Acceptance’s Spartan Financial — which also provides capital solutions to buy-here, pay-here dealers and subprime auto finance ... [Read More]

ProconGPS Sues Competitors

Tuesday, Aug. 23, 2011, 12:00 AM
Nick Zulovich
KNOXVILLE, Tenn. — ProconGPS Inc., a leading supplier of GPS vehicle tracking solutions, has filed a patent infringement lawsuit in a California Federal Court against Star Sensor, Skypatrol LLC and others. The complaint is related to U.S. patents 6,249,217 B1 & ... [Read More]

VW Credit Taps Wolters Kluwer as Lease Contract Provider

Thursday, Aug. 18, 2011, 12:00 AM
Nick Zulovich
MINNEAPOLIS —  VW Credit, the financial services arm of Volkswagen Group of America, recently chose Wolters Kluwer Financial Services as a preferred provider of vehicle lease contracts. Through this new relationship, officials explained VW Credit will provide Wolters Kluwer Financial ... [Read More]
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