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NewsJuly 14, 2009

XpressCredit Forges New Relationship With Consumer Auto Finance

XpressCredit announced Monday that Consumer Auto Finance Inc. of Waco, Texas, adopted its credit aggregation system (CAS) and has become a lending source for the auto dealers on the XpressCredit platform in Texas.

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NewsJuly 13, 2009

Marine One Acceptance Corporation Joins Wolters Kluwer’s Loan Platform

Wolters Kluwer Financial Services announced Monday that Marine One Acceptance Corporation has joined its AppOne loan financing platform.

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NewsJuly 9, 2009

FinCo’s BuyHere-PayTHERE Program Available in 30 States

FinCo Management’s “BuyHere-PayTHERE” (BHPT) program, a system that allows automotive and powersports dealers to approve and finance their own deals, is now available in 30 states, including Florida, Texas and California.

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NewsJuly 9, 2009

Westlake Financial Enters Three New Markets

Westlake Financial Services expanded its services in July into three states — Maine, Connecticut and Alaska — and named a new assistant vice president of sales to lead marketing in these states.

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NewsJuly 9, 2009

FinCo's BuyHere-PayTHERE Program Available in 30 States

FinCo Management’s “BuyHere-PayTHERE” (BHPT) program, a system that allows automotive and powersports dealers to approve and finance their own deals, is now available in 30 states, including Florida, Texas and California.

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NewsJuly 9, 2009

Average Interest Rate Rises to 3.47 Percent in May, Says Federal Reserve

The average interest rate for new-car loans rose slightly in May, while the amount financed increased, according to the latest Federal Reserve Statistical Report.

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NewsJuly 6, 2009

Hancock Bank Joins Wolters Kluwer’s Loan Platform

Wolters Kluwer Financial Services announced Monday that 110-year-old Gulf South financial services leader Hancock Bank has joined its AppOne platform, a technology solution that helps connect lenders with automotive dealers.

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NewsJuly 2, 2009

July Offers Make New GM Vehicles More Affordable

General Motors simultaneously launched its “72-Hour Sale” last Wednesday, and announced that it has 74 different models that may qualify under the federal government’s “Cash for Clunkers” program.

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NewsJuly 1, 2009

President of Priority One Financial Services Retires

Priority One Financial Services announced Wednesday the retirement of Lisa Gladstone, company founder and president.

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NewsJuly 1, 2009

Standard & Poor’s Downgrades AmeriCredit’s Ratings

Standard & Poor's Ratings Services said that it lowered two credit ratings for AmeriCredit Corp., saying the auto finance company faces further deterioration in its loan portfolio.

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