Loan extensions keep climbing as repo agents now seeing ramifications
Thursday, Apr. 23, 2026, 10:24 AM
4 attorneys decipher developments since FTC sent letters to dealers nationwide
Friday, Apr. 24, 2026, 10:51 AM
VantageScore spots ‘subtle migration’ of consumers toward lower credit tiers in March
Monday, Apr. 27, 2026, 10:37 AM
Byron Oldham of Honest Autos & FIADA
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Monday, Apr. 27, 2026, 07:47 PM
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here
Sunday, Apr. 19, 2026, 04:27 AM
Talking about the car business in the US & Canada with Peter Smith of the Lion Partnership
As Cherokee Media Group was getting ready to host the Used Car Industry Summit in Miami, Peter Smith of the Lion Partnership spent some time with Nick Zulovich for this episode of the Auto Remarketing Podcast. Smith recapped some of ... Listen Here
Monday, Apr. 13, 2026, 03:50 PM
CPS’ Year-Over-Year Losses Continue in 3Q, but Company Buying More Contracts
Tuesday, Nov. 16, 2010, 12:00 AM
Nick Zulovich
IRVINE, Calif. — A significant drop in third-quarter total operating expenses wasn't enough to offset a sharp decline in revenue, sending Consumer Portfolio Services to another pretax and net loss. The company indicated this week its pretax loss for the third ... [Read More]
More Than 500 Turn Out for NABD Underwriting and Collections Conference
Tuesday, Nov. 16, 2010, 12:00 AM
Nick Zulovich
DALLAS — More than 500 attendees from throughout the nation and Canada gathered for the National Alliance of Buy-Here, Pay-Here Dealers Underwriting and Collection Conference held in Dallas. Ken Shilson, CPA and conference chairman, stressed that this was the largest underwriting ... [Read More]
Wolters Kluwer Financial Services Unveils Universal Vehicle Lease Agreements
Thursday, Nov. 11, 2010, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced this week it's now offering captive finance companies, lenders and dealerships universal closed-end vehicle lease agreements for all U.S. states. The company stated that these lease agreements can help ensure vehicle leases are in compliance with ... [Read More]
Fed: September Average New-Car Loan Interest Rate Approaches Year High
Thursday, Nov. 11, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — September's average interest rate on new-car loans at auto finance companies climbed to the second-highest point of the year, according the latest report from the Federal Reserve. Officials calculated the September average was 4.35 percent. Not since February ... [Read More]
GM Financial’s 3Q Net Income, Originations Rise
Thursday, Nov. 11, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Along with announcing the pricing of an offering of automobile receivables-backed securities, General Motors Financial reported growth in both third quarter net income and originations. Earlier this week, executives from the company formerly known as AmeriCredit revealed that ... [Read More]
Exeter Secures Warehouse Line of Credit, Discusses Financial Strides
Thursday, Nov. 11, 2010, 12:00 AM
Nick Zulovich
IRVING, Texas — In addition to announcing a $150 million warehouse line of credit this week, Exeter Finance Corp. detailed the gains the company has recently made in its business operations. Discussing its new financing in more detail, Exeter entered into ... [Read More]
Fitch: 2009 U.S. Prime Auto ABS on Track for Lower Losses
Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings predicted this week that 2009 U.S. prime auto ABS loans should post lower-than-expected losses. As a result, the firm believes lenders are positioning themselves for continued positive rating performance as the broader economy slowly improves. Through ... [Read More]
Innovative Funding Services Taps New Director of Operations
Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
AUSTIN, Texas — Innovative Funding Services responded to broadening expansion Tuesday by promoting one its executives to director of operations. Taking on the role at the financing company for lessors and fleet-management businesses is Robert Rohner. When IFS moved to its ... [Read More]
Ally Unveils Exchange Offer
Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
DETROIT — On Monday, Ally Financial rolled out an exchange offer for its outstanding 8-percent Senior Guaranteed Notes due 2020. Back in March, the company had initially issued a principal amount of these old notes totaling $1.9 billion in two ... [Read More]
DealerTrack Shows Strong 3Q Gains
Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — With revenue gains on both the transaction and subscription sides of the company's operations, DealerTrack saw its total revenue improve more than 7 percent during the third quarter. Moreover, it enjoyed GAAP net income of $1.2 ... [Read More]
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