Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Path to stable inventory & price transparency as potential car buyers see uncertain world
Monday, Apr. 6, 2026, 01:13 PM
James Virgoe, senior vice president and managing director of GWC Warranty, appeared on another special sponsored episode of the Auto Remarketing Podcast at a time when domestic and foreign turbulences have added even more complexities to the car business. Virgoe ... Listen Here
Automotive Intelligence Award honoree Satyan Merchant of TransUnion
Wednesday, Apr. 1, 2026, 07:01 PM
Our conversations with the 2026 Automotive Intelligence Award winners wrap up with Satyan Merchant, who is senior vice president, automotive and mortgage business leader at TransUnion. Merchant recollected how his interest in data started when studying statistics on the back ... Listen Here
Top Reasons Dealers can benefit by attending the Used Car Summit
Wednesday, Apr. 1, 2026, 03:27 PM
On this episode of the Auto Remarketing Podcast, Bill Zadeits has a conversation with Vanessa Rocha, VP, All-American Bonds and Insurance and a Board member with the Florida Independent Auto Dealers Association. Vanessa speaks to some of the big issues ... Listen Here

Credit Acceptance Reports Modification to Line of Credit

Tuesday, Jan. 29, 2008, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced that it has increased the amount of its line of credit facility with a commercial bank syndicate from $75 million to $133.5 million. In addition, officials said the maturity of the line of ... [Read More]

Compli Reaches New Milestone Thanks to Dealers

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — Compli recently announced that its dealer clients have surpassed 2.1 million processed policies, trainings and assessments on its dealership compliance management system. "We are pleased to arrive at this milestone, which is a remarkable 100-percent annual increase for ... [Read More]

Ford Credit Explains Reasons for Year-Over-Year Net-Income Decline

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — This morning, Ford Motor Credit Co. reported that its net income for 2007 was down by $508 million when compared with 2006. Overall, net income came in at $775 million for the year, compared with $1.283 billion a year earlier. ... [Read More]

In Preparation of Going National, Resurgent Auto Finance Applies Fiserv Services

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
BROOKFIELD, Wis. — Fiserv recently announced that non-prime lender Resurgent Auto Finance is now utilizing Fiserv Automotive Solutions' loan origination system and decisioning technology. Resurgent Auto Finance, based in Greenville, S.C., was established in September 2007. It specializes in providing funding ... [Read More]

Economic Troubles Force AmeriCredit to Reevaluate

Thursday, Jan. 24, 2008, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Higher-than-anticipated credit losses in AmeriCredit's subprime and near-prime portfolios, compounded by weaker recovery rates, are leading the company to trim dealer relationships, tighten lending requirements, reduce expected originations and cut staffing. Basically, the company is reevaluating its ... [Read More]

Bankruptcy Filings Soar Over 2006, Officials Predict Continued Climb

Tuesday, Jan. 22, 2008, 12:00 AM
Nick Zulovich
PHOENIX, Ariz. — Full-year consumer bankruptcy filings jumped 40 percent throughout the country in 2007 over the previous year, according to the National Bankruptcy Institute. The statistics revealed that consumer filings for the year reached 801,840, compared with 573,203 in 2006. "The ... [Read More]

Westlake Financial Expands to Encompass Two More States

Tuesday, Jan. 22, 2008, 12:00 AM
Nick Zulovich
LOS ANGELES — Westlake Financial Services is calling 2008 a year of growth. Accordingly, the company announced it is expanding its reach into two more states. With the addition of Wyoming and Tennessee, the company is now offering services in 31 ... [Read More]

U.S. Bank, Union Bank & Trust Join RouteOne’s Platform

Tuesday, Jan. 22, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced Monday that U.S. Bank, the sixth largest commercial bank in the United States, has joined its increasing list of finance sources on its Web-based credit application management system. U.S. Bancorp, with $238 billion in assets, ... [Read More]

DSC of Indiana, Xpress Credit Partner

Tuesday, Jan. 22, 2008, 12:00 AM
Nick Zulovich
SYRACUSE, N.Y. — Indiana-based Dealer Services Corp. and XpressCredit announced recently that they have joined forces to offer the floor planner's more than 10,000 dealer clients additional financing solutions through XpressCredit's Web-based portal. XpressCredit describes itself as a leading Internet-based financial ... [Read More]

AFIP, NAFRD to Participate in NIADA Convention

Thursday, Jan. 17, 2008, 12:00 AM
Nick Zulovich
ARLINGTON, Texas — Officials recently announced that two industry associations are partnering with the National Independent Automobile Dealers Association to expand NIADA's 62nd Annual Convention and Expo in Grapevine, Texas. The event will be held June 24 to 28. Dave Robertson, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X