Wednesday, May 28, 2008 - 8:00pm

FARMINGTON HILLS, Mich. — RouteOne announced today that Chicago-based Harris, one of the largest automobile finance sources in the Midwest offering an indirect auto business to more than 3,200 dealers in 23 states, has joined the growing roster of finance sources on its Web-based credit application... Read More

Wednesday, May 28, 2008 - 8:00pm

PHOENIX — As auto delinquencies and charge-offs ramp up, retaining high recovery rates remains necessary. Equally vital is the need to help dealers serving customers who are running into credit troubles due to the housing fallout. In response to these challenges, Dealers Auto Auction of the Southwest said it... Read More

Wednesday, May 28, 2008 - 8:00pm

BOZEMAN, Mont. — Zoot, a provider of advanced instant credit decisioning and loan origination solutions, announced the availability of its automated negotiation system, which is a fully customizable program for lenders that provides dealers with accurate and timely loan information. Basically, the solution can... Read More

Monday, May 26, 2008 - 8:00pm

CARMEL, Ind. — In less than three years since its inception, Dealer Services Corp., which is based in Indiana, announced it has reached a major milestone — the flooring of its 1 millionth vehicle. To celebrate the achievement, Carmel-based DSC paid off the balance of the 1 millionth... Read More

Monday, May 26, 2008 - 8:00pm

MINNEAPOLIS — Van Wagenen Financial Services recently announced that it has been selected by AmeriCredit to provide insurance tracking for its auto finance portfolio. "We chose van Wagenen for its technological expertise and extensive experience in insurance tracking and related products. This makes them... Read More

Monday, May 26, 2008 - 8:00pm

McLEAN, Va. — As many as three out of five auto consumers suffer from damaged credit, according to the National Auto Dealers Association. "Dealers could be leaving a great deal of money on the table — perhaps hundreds of thousands of dollars a year in additional gross profit — if... Read More

Monday, May 26, 2008 - 8:00pm

LAS VEGAS — On June 18 to 20, CUDL will host its 10th annual Auto Lending Symposium at the Venetian, bringing remarketers, dealers, analysts, credit union specialists and more together to discuss the role of the credit union marketplace in auto lending. "Energize all areas of your credit union's auto... Read More

Wednesday, May 21, 2008 - 8:00pm

FORT WORTH, Texas — AmeriCredit Corp. made a major move regarding its auto loan operations earlier this week as the company announced a $750 million asset-backed securitization under its automobile receivables trust, which mostly covers subprime auto loans. Deutsche Bank Securities and Credit Suisse... Read More