FI showroom red and grey logo
MenuMENU
SearchSEARCH

Auto Finance

Articlesby Jim BassSeptember 1, 2009

Hopeful Signs

The subprime and nonprime auto finance industry has definitely seen better days, but there are signs of a rebound on the horizon. Finance expert weighs in on the situation.

Read More →
NewsAugust 31, 2009

DebtMarket Relaunches as Automated Portfolio Marketplace, Partners With Frazer Computing

DebtMarket, formerly GDNAuto, relaunched as an automated marketplace that connects buyers and sellers of marine, RV and powersports loan portfolios. It also forged a partnership with Frazer Computing Inc., a provider of dealer management software, to incorporate certain features of the DebtMarket platform into its dealership offerings.

Read More →
NewsAugust 27, 2009

ASI Federal Credit Union Joins Wolters Kluwer’s Loan Platform

ASI Federal Credit Union (ASI), the largest Louisiana-based credit union in terms of membership, is the newest lender to join Wolters Kluwer Financial Services’ AppOne platform.

Read More →
Ad Loading...
NewsAugust 25, 2009

NPN Launches CustomPay Accelerated To Boost Dealer Cash Flow

National Payment Network (NPN), a provider of biweekly payment plans, launched the CustomPay Accelerated program, which allows dealers to have their commissions paid in full upon enrolling a customer.

Read More →
NewsAugust 24, 2009

Prestige Financial Gets Credit Commitment From Comerica Bank

Prestige Financial Services Inc. announced Monday that Comerica Bank will join Wells Fargo Preferred Capital and Bank of America Business Capital as lenders on Prestige’s line of credit.

Read More →
NewsAugust 21, 2009

GM-eBay Program Bumps Consumer Purchase Intent Up 10 Percent, Says Edmunds.com

Since the General Motors-eBay program launched, the number of site visitors conducting GM vehicle pricing research has jumped 10 percent higher in California than it has in the other 49 states, according to Edmunds.com.

Read More →
Ad Loading...
NewsAugust 20, 2009

Ford Motor Credit Marks 50th Anniversary

Ford Motor Credit Company celebrated Friday its 50th anniversary. It was incorporated as Ford Motor Company's financing subsidiary on Aug. 20, 1959, dedicated to supporting Ford, its dealers and its customers.

Read More →
NewsAugust 18, 2009

Florida Dealer Group Drives Profits With Bi-Weekly Payment

The Balise Motors Sales Co. experienced a 55 percent increase in product sold per retail unit and an additional annual F&I product gross of over $1 million after using the U.S. Equity Advantage LLC (USEA) automated bi-weekly payment service.

Read More →
NewsAugust 18, 2009

Vehicle Acceptance Plans Expansion Into Indianapolis

Vehicle Acceptance Corporation (VAC) plans to open a new branch office in Indianapolis in the fall, demonstrating the growth of the buy-here, pay-here market in the Midwest.

Read More →
Ad Loading...
NewsAugust 18, 2009

Federal Reserve and Treasury Department Extends TALF

The Federal Reserve Board and the Treasury Department announced Monday that they approved an extension to the Term Asset-Backed Securities Loan Facility (TALF), and said they do not anticipate any further additions to the types of collateral that are eligible for the facility.

Read More →