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Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here

Louisiana-Based Credit Union Partners with AppOne

Thursday, Aug. 27, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services has gained another partner that will use its AppOne platform to provide indirect lending, credit approval and compliance processes to lenders and dealerships. The new partner is ASI Federal Credit Union, one of ... [Read More]

CNW: Average FICO Dips, More Women Turn to Plastic for Down Payments

Thursday, Aug. 27, 2009, 12:00 AM
Nick Zulovich
BANDON, Ore. — CNW Research discovered that as banks, captives, credit unions and others tried to leverage the Cash for Clunkers, they allowed average FICO scores to dip. More specifically, the average FICO score, including cash, finance and lease customers, came ... [Read More]

Repossessions: What’s the Alternative?

Thursday, Aug. 27, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — In this difficult economy, more and more customers are struggling to make their buy-here, pay-here car payments. Repossessions are occurring at record levels as customers are simply surrendering their vehicles and walking away from the balance on their ... [Read More]

Fitch Ratings Revises Outlook for Ford and Ford Credit

Thursday, Aug. 27, 2009, 12:00 AM
Nick Zulovich
CHICAGO — In a positive turn, Fitch Ratings announced it has revised its ratings outlook on Ford and Ford Credit from "Negative" to "Stable." Additionally, the company said the issuer default rating for Ford has been affirmed at "CCC." Fitch officials ... [Read More]

EZ Dealer Finance Launches Application Lending System

Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
OLD BRIDGE, N.J. — EZ Dealer Finance, a provider of auto lending solutions, recently announced the release of its EZ Dealer Application System. Basically, the company provides a Web site for independent and franchise dealers to submit loan applications. The staff has ... [Read More]

Mint Leasing Management Expects Stronger Second Half

Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
HOUSTON — For the second quarter of this year, Mint Leasing, a subprime leasing company, reported that its ability to generate revenues from new leases was "greatly restricted" by the lack of available financing. Company officials indicated that its line of ... [Read More]

A New Lender Offers Prestige Credit Commitment

Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services announced on Monday that a new lender has joined with Wells Fargo Preferred Capital and Bank of America Business Capital as institutions on its line of credit. The new company to join the credit ... [Read More]

ABI: Annual Bankruptcy Filings to Surge Past 1.4 Million

Tuesday, Aug. 25, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The total number of U.S. bankruptcies filed during the first six months climbed 36 percent over the same period in 2008, according to the American Bankruptcy Institute. Total filings reached 711,550 during the first half of the calendar ... [Read More]

SubPrime Auto Finance News Offers Updated Lender Directory

Thursday, Aug. 20, 2009, 12:00 AM
Nick Zulovich
CARY, N.C. — As many lenders continue to maintain tighter underwriting and higher credit standards, hundreds if not thousands of dealers throughout the country continue to seek out new lender relationships to fill the gap, or they elect to enter the ... [Read More]

J.D. Byrider Hires New VP of Franchise Development

Thursday, Aug. 20, 2009, 12:00 AM
Nick Zulovich
CARMEL, Ind. — J.D. Byrider has hired a new vice president to run the company's franchise development. Taking on the position is Michael Pearce. He will be responsible for increasing the number of locations by licensing new franchisees to J.D. Byrider's ... [Read More]
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