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2025 Non-Prime Automotive Financing Industry Survey is ‘more than just numbers’
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CheckVelocity Offers Several Programs Designed to Improve Collection Procedures
Wednesday, Oct. 25, 2006, 12:00 AM
Nick Zulovich
NASHVILLE, Tenn. — CheckVelocity recently began partnering with auto finance companies, including buy-here, pay-here dealerships, to facilitate collection procedures. CheckVelocity said it has several programs, including VerifyNow, PayNow and RecoveryNow, which were created to verify a payment is valid once ... [Read More]
AWG Remarketing Launches SubPrime Pro in V3 System
Wednesday, Oct. 25, 2006, 12:00 AM
Nick Zulovich
IRVINE, Calif. — AWG Remarketing (www.awgremarketing.com and www.bidiax.com) recently launched SubPrime Pro in its V3 used car inventory optimization system. Brad Greenwald, chief executive officer of AWG, said V3 is a system that allows dealers to manage all aspects of ... [Read More]
MAFS General Manager Decker Discusses Expansion, Services
Wednesday, Oct. 18, 2006, 12:00 AM
Nick Zulovich
ATLANTA — Manheim Automotive Financial Services recently announced the addition of a satellite office located on the north side of Jacksonville, Fla. MAFS General Manager Kathy Decker said the new location was launched to extend the company's reach into areas ... [Read More]
Several Lenders Share Tips, Insights at Leedom’s Special Finance, BHPH Conference
Wednesday, Oct. 18, 2006, 12:00 AM
Nick Zulovich
LAS VEGAS — Representatives from lenders such as HSBC, Credit Union Direct Lending, Westlake Financial and Tidewater discussed their business practices and shared tips with dealers on developing lender relationships at Leedom and Associates' 11th Annual National Special Finance and ... [Read More]
AppOne’s CEO Shares Details of RouteOne Partnership
Wednesday, Oct. 18, 2006, 12:00 AM
Nick Zulovich
BATON ROUGE, La., and FARMINGTON HILLS, Mich. — While AppOne started discussions with RouteOne about 90 days ago, AppOne's chief executive officer said a deal was only broached seriously about three weeks ago. Independent dealers will benefit from the partnership ... [Read More]
Chase Auto Finance Opens New Subprime Center
Wednesday, Oct. 18, 2006, 12:00 AM
Nick Zulovich
PASADENA, Calif. — Chase Auto Finance recently announced it has opened a new Custom Finance Business Center to meet the subprime financing needs of Los Angeles area dealers. Throughout California, Chase provides a full spectrum of services to dealers through ... [Read More]
AppOne Forms Alliances to Boost Aftermarket Services
Wednesday, Oct. 11, 2006, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne — a provider of Internet-based risk mitigation and financial technology to banks, auto finance companies and independent dealers — announced that it has entered into two alliances to increase aftermarket support for its nationwide dealer ... [Read More]
Finance Express President Shares Benefits of RouteOne Partnership
Wednesday, Oct. 11, 2006, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif., and FARMINGTON HILLS, Mich. — Finance Express and RouteOne executives first began discussing an alliance a year and a half ago; however, it wasn't until the last month or so that the two companies entered into ... [Read More]
Carbiz Plans Expansion to 15 Stores, New CFO Named
Wednesday, Oct. 11, 2006, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Carbiz recently announced plans to expand from three stores to 15, in addition to appointing Stanton Heintz as the company's chief financial officer. The company specializes in the buy-here, pay-here segment of the market in Florida. "We ... [Read More]
Chrysler Financial Expands Alliance with CitiFinancial Auto
Wednesday, Oct. 11, 2006, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Chrysler Financial, a unit of DaimlerChrysler Financial Services Americas, recently announced it has expanded its non-prime financing alliance with CitiFinancial Auto. "Chrysler Financial is delighted to join with CitiFinancial Auto in support of our Chrysler, Jeep ... [Read More]
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