Wednesday, March 14, 2007 - 8:00pm

WASHINGTON, D.C. — Late payments for most consumer loans rose in the third quarter of 2006, according to the American Bankers Association's Consumer Credit Delinquency Bulletin. In the auto industry, direct auto loan delinquencies increased to 1.87 from 1.72 percent and indirect auto loan delinquencies went... Read More

Wednesday, March 7, 2007 - 7:00pm

LAKE SUCCESS, N.Y. — Shortly after being awarded a U.S. patent related to its online credit application processing product, DealerTrack used the patent to file an additional patent infringement action against RouteOne and Finance Express in the U.S. District Court for the Central District of California.... Read More

Wednesday, March 7, 2007 - 7:00pm

LOS ANGELES, Calif. — Westlake Financial Services recently named Bruce Newmark as president. He succeeds James Vagim, who has served as Westlake's president since 1998. Prior to this new role, Newmark served as the company's chief operating officer, overseeing all aspects of marketing, expansion and... Read More

Wednesday, March 7, 2007 - 7:00pm

MATTHEWS, N.C. — While many dealers may be more familiar with the national companies that support the subprime industry, the smaller, regional companies can be just as fruitful when it comes to getting that credit-challenged customer behind the wheel. Here's an overview of a few of the smaller, regional... Read More

Wednesday, March 7, 2007 - 7:00pm

CARY, N.C. — Remarketing executives from the nation's top banks and financial institutions are among some of the industry leaders to sign on to actively take part in the upcoming iRemarketing 2.0: The Next Generation of Remarketing Technology Conference.    The executives include Layne Weber,... Read More

Wednesday, February 28, 2007 - 7:00pm

FORT LAUDERDALE, Fla. — Thanks to dealer demand, AutoUSA recently introduced a new program that provides special finance leads to its dealer partners that work in the subprime industry. "Providing special finance leads to dealers is a brand new service for us," explained Phil DuPree, vice president... Read More

Wednesday, February 28, 2007 - 7:00pm

SAN RAMON, Calif. — BlueSky Marketing Group recently launched an online consumer auto finance center, "Powered By myAutoloan.com." The "Powered By" Web site, blueSkyautofinance.com, provides consumers online auto finance solutions and franchise auto dealers approved customers that are ready... Read More

Wednesday, February 28, 2007 - 7:00pm

DENVER, Colo. — When Centrix Financial was affected by regulatory actions against its primary clients, credit unions, several of the top executives behind the company decided to leverage their experience by branching out to establish a new indirect nonprime auto lending company — Universal Special... Read More