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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

DealerTrack’s Online Registration System Now Available in Illinois

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack recently announced it has launched its Online Registration System in Illinois, raising the amount of states where dealerships can use the electronic registration and titling solution to 13. With DealerTrack's OLRS, the company said Illinois ... [Read More]

Huntington Now Ranks Third in Terms of SBA Loans

Nick Zulovich
COLUMBUS, Ohio — Huntington has moved up one position to become the third most active U.S. Small Business Administration loan provider in the country for the first six months of its fiscal year, according to company officials.  Huntington also remains the ... [Read More]

TransUnion: Mortgage-Only Delinquent Consumers Are Less Risky

Nick Zulovich
CHICAGO — As the mortgage meltdown continues to play out throughout the country, a new study by TransUnion revealed some potentially good news for auto lenders.  The company found that consumers who were only delinquent on their mortgages tend to be ... [Read More]

NCM, Auto Master Team Up to Offer 20 Group Opportunity to BHPH Dealers

Nick Zulovich
OVERLAND PARK, Kan. — NCM Associates today announced an alliance with Auto Master Systems, a leading dealership management software solution provider to the buy-here, pay-here industry. The joint promotion is designed to provide AMS clients an opportunity to attend and evaluate ... [Read More]

PaymentVision Launches New, Faster Processing Gateway

Nick Zulovich
LAS VEGAS — PaymentVision, an electronic payment services company, has recently announced the launch of its 3.0 Universal Payment Processing Gateway (UPPG), which promises to offer customers easier, faster and more secure transaction processing. “PaymentVision has a proud 20 year patent-filled ... [Read More]

NABD 2011 Wraps Up Today

Nick Zulovich
LAS VEGAS — The National Alliance of Buy-Here, Pay-Here Dealers conference concludes after several workshops today, including one featuring Chip Zyvoloski, senior attorney for indirect lending at Wolters Kluwer Financial Services, who talked about dealers needing to be prepared for ... [Read More]

Rocky Mountain Tracking Introduces New Payment Reminder Device

Nick Zulovich
FORT COLLINS, Colo. — Rocky Mountain Tracking recently introduced a new Smart Tracker Payment Reminder Buzzer that will make it much harder for vehicle owners to forget about making payments. The GPS tracking company that introduced the Smart Tracker anti-theft ... [Read More]

FinCo Sets Sights on Purchasing $30M in BHPH Contracts

Nick Zulovich
MARBLEHEAD, Mass. — FinCo Management, an emerging provider of consumer finance solutions to the used auto industry, announced during the National Alliance of Buy-Here, Pay-Here Dealers conference that it is now purchasing subprime and deep subprime consumer contracts. Toby Reiley, FinCo's ... [Read More]

Ford Credit Rolls Out New Retail Investor Program

Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit recently launched a program targeted to retail investors. What officials are calling Ford Credit Notes are designed to offer senior unsecured Ford Credit notes through broker-dealers and registered investment advisers. The company explained Ford ... [Read More]

Finance Express to Launch iPhone, Android Mobile App

Nick Zulovich
LAS VEGAS — Finance Express announced during the National Alliance of Buy-Here, Pay-Here Dealers conference that it is launching an iPhone and Android mobile app. When Ken Shilson, NABD founder, had the exhibitors line up for Dealer Academy attendees to introduce ... [Read More]

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