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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

New FICO Scores Could Predict 5-15% More Auto Loan Delinquencies

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS — FICO recently announced the release of its newest scores, which are targeted specifically for the auto lending and bankcard industries. Credit reporting agency TransUnion is making the scores available to lenders and issuers under the names FICO Risk Score, Classic ... [Read More]

Consumer Bankruptcy Filings Continue to Build

Tuesday, Apr. 7, 2009, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — March consumer bankruptcy filings came close to doubling those of the same time frame a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. More specifically, U.S. consumer bankruptcy filings ... [Read More]

GMAC Widens Auto Credit Spectrum, Offers Inventory Help for Dealers

Thursday, Apr. 2, 2009, 12:00 AM
Nick Zulovich
DETROIT — GMAC reached out a helping hand to dealers yesterday by announcing that the company is now offering approvals in the subprime tiers for qualified buyers, in addition to earmarking $5 billion for auto loans and temporarily easing wholesale finance ... [Read More]

ABA: As Job Losses Stack Up, Delinquencies Continue Climb

Thursday, Apr. 2, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Job losses continued to hurt consumer finances during the fourth quarter of 2008, which is reflected in the rising delinquencies in almost every loan category, including auto loans. In fact, indirect auto loan delinquencies climbed from 3.25 percent ... [Read More]

Kia Motors America Secures Financing

Thursday, Apr. 2, 2009, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Kia Motors America announced today that it has successfully closed a $305 million revolving credit line with a group of leading U.S.-based financial institutions. Of the funding group, Wells Fargo Foothill, a part of Wells Fargo & Co., ... [Read More]

NADA Urges Dealers to Ask Senators to Sign Shaheen Auto Credit Letter

Thursday, Apr. 2, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — While a lot of attention has been focused on the restructuring of domestic auto manufacturing, the National Automobile Dealers Association is urging the Obama administration to focus on the severe impact of the credit crisis on dealers and ... [Read More]

Ford Launches Payment Assistance for Job Loss

Tuesday, Mar. 31, 2009, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Ford announced the introduction of its Advantage Plan this morning. Similar to the Hyundai Assurance program, Ford's plan offers payment protection covering job loss for up to a year on any new Ford, Lincoln of Mercury model, in ... [Read More]

U.S Equity Advantage Upgrades Bi-Weekly Payment Feature for BHPH Dealers

Tuesday, Mar. 31, 2009, 12:00 AM
Nick Zulovich
ORLANDO, Fla. — U.S. Equity Advantage, which offers automated bi-weekly processing of vehicle loans for buy-here, pay-here dealers, recently announced the release of a new, enhanced dealership Web site at www.866halfpay.com. According to officials, dealerships can now accurately calculate and offer ... [Read More]

Leedom Introduces Pre-Paid Bank Card for BHPH Customers

Tuesday, Mar. 31, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Today, Leedom Group announced the launch of a Convenient World Pre-Paid Visa Card that can allow buy-here, pay-here customers without bank accounts avoid the high costs of check-cashing and money orders. The fees associated with check cashing are ... [Read More]

Tracker Marine Financial Services Teams Up with AppOne

Tuesday, Mar. 31, 2009, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — Tracker Marine Financial Services recently announced it has selected AppOne to automate its finance process. AppOne is a part of Wolters Kluwer Financial Services. Meanwhile, Tracker Marine Financial Services is an affiliate of Bass Pro Shops and ... [Read More]
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