Wednesday, June 27, 2007 - 8:00pm

HANOVER, Md. — Anne Fortney, a partner with the Hudson Cook law firm recently testified before the House Committee on Financial Services about furnishers' ability to maintain and report accurate information to credit reporting agencies. Basically, furnishers are any companies that report consumer information to... Read More

Wednesday, June 27, 2007 - 8:00pm

BENTONVILLE, Ark., and RICHMOND, Va. — Buy-here, pay-here auto group, America's Car-Mart, reported that it slowed sales to improve credit quality, which resulted in a decline in revenue and net income for its fourth quarter. Meanwhile, CarMax continued its expansion, opening another car-buying center, in addition... Read More

Wednesday, June 27, 2007 - 8:00pm

PORTLAND, Maine — To get a general snapshot of bankruptcy demographics, the Institute for Financial Literacy said it surveyed clients who are in financial distress and seeking credit counseling and financial education. After questioning more than 24,000 Americans seeking their servicing, the nonprofit, Maine-based... Read More

Wednesday, June 27, 2007 - 8:00pm

NASHVILLE — The competition in the buy-here, pay-here sector is heating up as more and more franchised and independent dealers are testing the waters by jumping into the business to boost profits. During a free-wheeling workshop and discussion at the recent National Independent Automobile Dealers Convention and... Read More

Monday, June 25, 2007 - 8:00pm

PORTLAND, Ore. — Compli recently named Mark Lawler as senior vice president and chief technology officer. Lawler comes to Compli from Primavera Systems, which is leader in project management software. At Primavera he served as vice president of ProSight Product Strategy. Primavera recently acquired ProSight, which... Read More

Monday, June 25, 2007 - 8:00pm

SARASOTA, Fla. — Leedom and Associates recently announced the keynote speakers for its 12th Annual National Special Finance and Buy-Here, Pay-Here Conference, which will be held Oct. 7 to 9 at Caesars Palace in Las Vegas. At this year's event, John Maxwell will serve at the keynote speaker. According to Leedom... Read More

Monday, June 25, 2007 - 8:00pm

Houston — The National Alliance of Buy-Here, Pay-Here Dealers announced the dates for its training conference covering underwriting and collections, which will be held in Houston on Nov. 11 to 13. More than 600 attendees are expected to attend the three-day event, which will focus on these two most important... Read More

Monday, June 25, 2007 - 8:00pm

FARMINGTON HILLS, Mich. — By taking advantage of RouteOne's ability to process consumer finance applications through both captives and non-captives, special finance dealers working on the franchise side can better grow their subprime business, company executives reported. "The unification of the dealer... Read More