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NewsJune 29, 2010

ZimpleMoney Launches ZimpleAuto Loan Solution

ZimpleMoney launches ZimpleAuto, a solution that allows dealers to make and manage loans directly to low- and middle-income consumers, bypassing traditional lenders, banks, and credit unions.

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NewsJune 28, 2010

Buyers Getting Smarter, But Still Unprepared, Says New Study

Consumer are more cautious about spending and are conducting more research before making major purchases in the wake of the economic downturn, but a new study reveals that they still have a lot to learn.

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ArticlesJune 28, 2010

No Time to Celebrate

Despite the industry’s victory in May regarding finance reform, F&I’s legal experts say that business as usual is still under fire.

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Articlesby Gregory ArroyoJune 28, 2010

Recovery Yet to Reach Showrooms

Nonprime auto finance continues to show signs of recovery, but dealers say they will need more than just good feelings to ride out the storm.

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ArticlesJune 28, 2010

Lanes Open for Prime Tiers

Sixty-day delinquencies are on the decline and credit quality continues to improve, but lenders still favored prime customers in the first quarter.

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Articlesby George AngusJune 28, 2010

New Spin on Cash Conversions

F&I trainer gives three reasons why cash conversions don’t work, along with one technique that will.

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NewsJune 22, 2010

Exeter Adds Former AmeriCredit Exec to Management Team

Exeter Finance Corp., a specialty auto finance company, has named Mark Floyd, a former AmeriCredit executive, as its CEO and vice chairman of the board.

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NewsJune 15, 2010

BMW Financial Services Expands E-Contracting to Texas and Michigan

BMW Group Financial Services announced Sunday that BMW dealers in Michigan and Texas have implemented its proprietary e-contracting system, a point-of-sale solution for retail, lease and pre-owned vehicles, in their dealerships.

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NewsJune 15, 2010

Auto Loan Delinquencies Drop for First Time Since 2007

American consumers are doing a better job of making payments on their auto loans as delinquencies on 30- and 60-day loans fell in the first quarter of 2010, according to Experian Automotive.

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NewsJune 8, 2010

GM Certified Used Vehicles Offers 1.9 Percent APR Financing

GM Certified Used Vehicles announced that GMAC Financial Services is offering well-qualified buyers nationwide APR financing as low as 1.9 percent on the Chevy Impala and Pontiac G6.

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