Foster’s 40-year career now includes being named Repossession Agent of the Year
Wednesday, Oct. 30, 2024, 01:15 PM
NAF Association touts success of Compliance Champions Workshop
Thursday, Oct. 31, 2024, 09:55 AM
New TransUnion research highlights broad interest in refinancing
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Flex Fund Names VP of Salvage Services
Thursday, Apr. 5, 2007, 12:00 AM
Nick Zulovich
YORBA LINDA, Calif. — Flex Fund Financial Services announced it has named Paul Coon vice president of the company's salvage services division. Officials said Coon has served in the auto recycling and collision repair industries for 22 years, holding various sales, ... [Read More]
Subprime Market Vital to Success but Can Be Difficult on Dealers
Thursday, Mar. 29, 2007, 12:00 AM
Nick Zulovich
FAYETTEVILLE, N.C. — Competition in the subprime market has never been fiercer as an increasing number of lenders are getting into this area and more franchised dealers are jumping in to improve their profit margins. No one is feeling this competition ... [Read More]
Flatiron Acquires Centrix Financial
Thursday, Mar. 29, 2007, 12:00 AM
Nick Zulovich
DENVER — Flatiron Financial Services Inc. (Flatiron) announced that it has acquired substantially all the assets of Centrix Financial LLC pursuant to a sale/auction approved in the U.S. Bankruptcy Court for the District of Colorado. In a statement issued by Flatiron, ... [Read More]
Experian Updates Collection Triggers to Keep Lenders Alerted to New Debtor Info
Thursday, Mar. 29, 2007, 12:00 AM
Nick Zulovich
COSTA MESA, Calif. — Experian recently launched an updated version of its Collections Triggers. The new version was designed to provide collectors with notification when a debtor's ability to pay appears to be improving. This can be especially critical for financial ... [Read More]
AFSA Reports Latest News in Auto Sector
Thursday, Mar. 29, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association recently shared its latest information on happenings in the auto industry, touching on dealers' acceptance of e-contracting, New York leasing suit and more. AFSA Vehicle Finance Panel Tackles E-Contracting At the recent AFSA ... [Read More]
Chase, Capital One and Wells Fargo Discuss Auto Finance Results, More
Thursday, Mar. 22, 2007, 12:00 AM
Nick Zulovich
NEW YORK — Chase, Capital One and Wells Fargo recently released data showing how each company faired during the full-year and fourth-quarter. In each company's respective report, executives took time to discuss the performance of their auto finance segments. As results ... [Read More]
Automotive Credit Corp. Celebrates 15 Years of Serving Dealers, Subprime Customers
Thursday, Mar. 22, 2007, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Established 15 years ago in Michigan, Automotive Credit Corp. began by providing indirect lending services to a select group of dealers in the state. Today, the regional lender works with both franchised and independent dealers and has slowly ... [Read More]
AppOne Offers Overview of 2006 Growth
Thursday, Mar. 22, 2007, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne recently reported on its growth that occurred during 2006, saying it focused on increasing participation in its dealer and lender networks and continued the national rollout of its products and services. An overview of the company's ... [Read More]
PassTime USA Launches Elite
Thursday, Mar. 22, 2007, 12:00 AM
Nick Zulovich
LITTLETON, Colo. — PassTime USA announced it has launched an Elite product with the help of its partner, Wavecom. The updated program uses a global system for mobile communications technology to offer wireless and GPS-based functions for its dealer and lender ... [Read More]
MAFS Introduces New Marketing Initiative
Thursday, Mar. 15, 2007, 12:00 AM
Nick Zulovich
ATLANTA — Taking advantage of the recent President's Day, Manheim Automotive Financial Services rolled out a new marketing initiative throughout the company's auctions that features larger-than-life replicas of past presidents. MAFS officials said this is the first national advertising campaign the ... [Read More]