Subprime lags behind Dealertrack Credit Availability Index climb of 5 straight months
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SAFCO promotes CFO to president
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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Thursday, Jul. 16, 2026, 02:46 PM
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Tuesday, Jun. 30, 2026, 10:53 AM
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Monday, Jun. 29, 2026, 03:44 PM
Lenders Protection Partners with AmTrust to Help Credit Unions Approve More Non-Prime Auto Loans
Thursday, Sep. 23, 2010, 12:00 AM
Nick Zulovich
AUSTIN, Texas — Open Lending, the parent company of Lenders Protection, announced it has teamed up with the insurance carriers of AmTrust Financial Services, which will become the insurance provider for the Lenders Protection program. Basically, the program allows credit unions to ... [Read More]
AOL Autos: Credit Unions Try Unique Ways to Re-enter Leasing Business
Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
DETROIT — AOL Autos recently took a look at how credit unions are coming back into the business of leasing vehicles. While the analysis concedes credit unions usually can't compete with heavily subsidized leases put out by automakers, some organizations are ... [Read More]
Friendly Finance, OnlineBKmanager.com Unite on Marketing Plan to Reach Bankrupt Buyers
Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
BALTIMORE — Friendly Finance Corp. and OnlineBKmanager.com are teaming up for a marketing campaign aimed at registering more franchise and independent dealers that often cater to subprime customers who already have filed bankruptcy. Friendly Finance noted that it began work in ... [Read More]
First Investors More than Quadruples Year-over-Year Originations
Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
HOUSTON — Sharing its first-quarter results, First Investors Financial Services announced a decrease in net income largely due to a decline in interest income that was the result of a drop in the average portfolio outstanding, in addition to lower revenues from ... [Read More]
Ally Bank Launches New Marketing Campaign
Tuesday, Sep. 21, 2010, 12:00 AM
Nick Zulovich
MIDVALE, Utah — Ally Bank kicked off a new marketing campaign this week that highlights its customers' strong satisfaction with the institution's services. In fact, the new campaign points to the institution's "open dialogue, cutting-edge products and customer-friendly services," according to ... [Read More]
Credit Acceptance Announces Revolving Warehouse Facility Extension
Thursday, Sep. 16, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance executives revealed recently an extension has been granted on their $75 million revolving secured warehouse facility. The company indicated the date on which the facility will cease to revolve was moved from Aug. 31, 2011 to ... [Read More]
AmeriCredit Reveals Another Securitization
Thursday, Sep. 16, 2010, 12:00 AM
Nick Zulovich
FORTH WORTH, Texas — On Wednesday, AmeriCredit announced the pricing of an $850 million offering of auto asset-backed securities through lead managers Barclays Capital, UBS Investment Bank and Wells Fargo Securities. Co-managers include Credit Suisse, J.P. Morgan and RBS. AmeriCredit plans ... [Read More]
Next Week’s DealerTrack Webinar to Discuss Next Wave of Financial Reform
Thursday, Sep. 16, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — With the depth of more federal financial reform still unclear, DealerTrack is devoting part of its upcoming Webinar to discuss how new regulations might affect dealers. DealerTrack experts plan to examine the reform President Obama signed this summer ... [Read More]
Chevy Chase Bank Becomes Capital One Bank This Week
Thursday, Sep. 16, 2010, 12:00 AM
Nick Zulovich
McLEAN, Va. — Chevy Chase Bank, which is the ninth-largest largest bank in the country based on deposits, is rebranding to Capital One Bank this week. With the largest network of branches and ATMs in the Washington, D.C., area, Capital One said it ... [Read More]
Southern Calif. Auto Lender Gains Credit Facility from Wells Fargo
Tuesday, Sep. 14, 2010, 12:00 AM
Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital recently provided a revolving credit facility to K STReet Finance, a indirect auto finance lender that serves dealerships in southern California. Officials said the total amount of the credit facility came in at ... [Read More]
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