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ArticlesOctober 1, 2008

A Vicious Cycle

When the housing bubble popped, so did the financial system that guided the automotive retail industry to record sales. F&I expert breaks down the financial instrument responsible for today’s financial woes, and provides some insight into the pressures your customers are facing.

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NewsSeptember 1, 2008

HSBC Changes Financing Terms for Powersports

When HSBC announced its exit from auto financing in August, the company simultaneously reminded dealers of its powersports financing policies that one dealer said the company hasn’t enforced.

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NewsSeptember 1, 2008

RouteOne Partners With XpressCredit

Powersports dealers signed up with XpressCredit will now be able to connect with RouteOne’s finance sources.

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ArticlesSeptember 1, 2008

Universal Default's Snare on Car Buyers

In economic times like today, there's a high chance your next customer's credit profile is being victimized by universal default. Finance expert explains how universal default works and why understanding the practice can help you get the next deal bought.

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Articlesby Eric LindeenSeptember 1, 2008

Credit Risks in a New Economy

Lenders have tightened policy and decisioning parameters in response to the credit crisis to manage risk and insulate themselves from uncertainty in the market.

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ArticlesCover Storyby Jim BassSeptember 1, 2008

Rescuing Nonprime Finance

Triad Financial Corporation's fall from auto finance shocked the industry. Finance expert discusses the subprime lender's fate and what its loss means for the rest of the year.

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ArticlesCover StoryAugust 1, 2008

Unlocking Profits Through Financial Literacy

Laws and regulations have certainly created a regulatory maze inside the F&I office, but did you know some of these laws can actually help you get a deal bought. Find out what legal tools credit management companies are using to get your customers financed.

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ArticlesJuly 1, 2008

Powersport's Two-Way Street

A credit card might be the easy way to move a vehicle, but is it right for the customer? F&I expert discusses a better way to get a deal done.

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Articlesby Jim BassJuly 1, 2008

Correction in Full Swing

Loan-to-values ratios and maximum advances are noticeably lower, buy rates are up, and discounts on contract purchase are spreading across even the higher tiers. Finance expert breaks down the moves lenders are making to weather today's credit crunch.

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Articlesby Marguerite WatanabeJune 1, 2008

Will There Be Financing?

A look at the new economy's impact on the future of financing.

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