Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

SubPrimeNews.com: Unique Visitors Double over Last Year

Nick Zulovich
CARY, N.C. — Looking at the first half of this year, the SubPrime Auto Finance News team found that unique visitors to the site are up 97.36 percent over the same period of last year. This basically means that the number ... [Read More]

TransUnion: Auto Delinquencies Show Big Drop from 4Q to 1Q

Nick Zulovich
CHICAGO — Overall, consumers may not be struggling as much financially as some reports have indicated, according to TransUnion. In fact, while auto delinquencies generally go down from the fourth quarter of year-end to the first quarter of the following year, ... [Read More]

PATA Names Interim Board of Directors, More

Nick Zulovich
HANOVER, Md. — At its second meeting, the newly formed Payment Assurance Technology Association named an interim board of directors, elected leadership and appointed auto association executive Jack Tracey as its executive director. Board officers are: President: Stan Schwarz, PassTime Vice ... [Read More]

CarBiz Sells Software Division

Nick Zulovich
SARASOTA, Fla. — CarBiz announced recently that it has sold its software division to Constellation Homebuilder Systems, a division of Constellation Software Inc., for $2.5 million. According to officials, the sales price is more than double what the software division had contributed ... [Read More]

Last Call for All Non-Prime Lenders to Participate in Special Publication

Nick Zulovich
CARY, N.C., and PHOENIX — Tomorrow is the deadline for all non-prime lenders looking to participate in the special August SubPrime Auto Finance News edition that will be mailed out to thousands of dealers throughout the country. To be sure to ... [Read More]

ABA: Direct Auto Loan Delinquencies Up

Nick Zulovich
WASHINGTON — In an interesting turn, the American Bankers Association announced that indirect auto loan delinquencies are down for the first quarter; however, direct auto loan delinquencies are up slightly. More specifically, the association's latest Consumer Credit Delinquency Bulletin found that ... [Read More]

Dealers’ Financial Services Names New President, CEO, More

Nick Zulovich
LEXINGTON, Ky. — Dealers' Financial Services recently announced that it named a new president and chief executive officer, along with other initiatives. The company's new president and CEO is Robert Nelson. Prior to joining DFS, Nelson served as chief operating officer ... [Read More]

Car Financial Names New COO, CFO and National Sales Director

Nick Zulovich
ATLANTA — Rick Potter, president of CAR Financial Services, a full-service financial institution dedicated to the buy-here, pay-here industry, announced several management changes this week. Taking on the position of chief operating officer and chief financial officer is Mark Lewis. Lewis ... [Read More]

Six-Month Bankruptcy Filings Up 30 Percent, Private Sector Employment Declines

Nick Zulovich
ALEXANDRIA, Va., and ROSELAND, N.J. — U.S. consumer bankruptcy filings jumped 30 percent nationwide during the first six months of 2008 from the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National ... [Read More]

Consumer Portfolio Services Secures $10 Million in Financing

Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services, which specializes in purchasing and servicing new- and used-retail auto contracts, announced this morning that it has closed a new $10 million senior secured financing with an affiliate of Levine Leichtman Capital Partners. The company indicated ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X