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Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.
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Ally Financial increased wholesale credit lines by 40 percent in the first quarter to take advantage of the growing sales momentum realized during the period.
Read More →Things didn't go as expected this month, with CNW reporting that the expected increase in floor traffic and closing ratios never materialized.
Read More →New non-mortgage credit balances continue to increase, while new auto, bank and retail cards, consumer finance, home equity and student loan credit rose by $61 billion in January.
Read More →ADP Dealer Services' Dealer Solutions Expo 2012 will feature consultant Ryan Morrison and demonstrations of the company's dealer tools.
Read More →Jay Sharpnack has been appointed to the newly created position of national sales manager for CNA National Warranty Corp., effective immediately.
Read More →Sonic Automotive Inc. reported a 24 percent profit increase in the first quarter, and a record 9 percent increase in same-store revenues.
Read More →Chrysler Group LLC notified Ally Financial Inc. that it will not renew its auto finance agreement with the former captive lender. Officials, however, left open the possibility of a future partnership.
Read More →In a recent blog post on the Consumer Financial Protection Bureau (CFPB) website, the Assistant Director for the Office of Fair Lending and Equal Opportunity said the agency will be paying more attention to non-mortgage loans, and specifically called out auto loans.
Read More →Asbury Automotive Group Inc. achieved an all-time high for first-quarter operating profits, the dealer group reported today.
Read More →Group 1 Automotive Inc. set new records for total gross profit, as well as first-quarter revenue and F&I gross profit per vehicle sold.
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