January 28, 2010
Touting year-over-year improvements in originations, credit performance and earnings, AmeriCredit officials said on Jan. 27 the company is in a good position to rebuild its business in 2010.
Tags: AmeriCredit, subprime finance
January 14, 2010
RouteOne LLC announced Jan. 14 that it has completed integration with independent subprime lender Nationwide Acceptance Corporation (NAC). Dealers in all of the markets served by NAC may now process credit applications electronically to NAC through the RouteOne platform.
Tags: lending platform, Nationwide Acceptance Corporation, nonprime finance, RouteOne, subprime finance
September 29, 2009
Consumer Portfolio Services Inc., a subprime financing source, entered into a $50 million two-year credit facility on Sept. 25 with Fortress Credit Corp., an affiliate of Fortress Investment Group.
Tags: Consumer Portfolio Services Inc., credit facility, subprime finance
Get up-to-the-minute news and information about the automotive finance and insurance industry. SUBSCRIBE!
View the latest e-newsletter eWeekly
By Gregory Arroyo Gregory Arroyo explains why the popular Cash for Clunkers program is good for the industry.
By Gregory Arroyo F&I's Gregory Arroyo explains why dealers should take advantage of the federal government's Cash for Clunkers program.
By Gregory Arroyo
Save time and money. Search for auto-dealer jobs. Advance your career. Access our career coaching services.
$10.00
In This Issue Here are some of the Highlights