VINtek Names Former GMAC Senior Analyst Fran Herz as Operations Manager
VINtek, a provider of auto finance services and solutions for lenders, today announced that Fran Herz, formerly of GMAC, has joined VINtek as operations manager.
PHILADELPHIA ― VINtek, a provider of auto finance services and solutions for lenders, today announced that Fran Herz, formerly of GMAC, has joined VINtek as operations manager.
In her role at VINtek, Herz is responsible for managing vendor relationships, as well as planning and participating in the company’s strategic initiatives.
Prior to joining VINtek, Herz filled a variety of positions with GMAC and its subsidiaries, including credit supervisor, business process analyst lead, senior analyst and acquisitions analyst. During her tenure with GMAC, Herz managed the insurance tracking process for more than six million accounts and consolidated the operation to save the company $9 million a year.
With more than 30 years experience in a broad range of areas including title administration, insurance tracking and vendor management, Herz brings extensive industry insight to the operations manager position.
“Fran brings a thorough understanding of many facets of the automotive industry, further enhancing VINtek’s management team and ability to satisfy even the largest and most demanding clients,” said Larry Highbloom, president of VINtek. “As VINtek continues to grow, Fran’s deep experience gained in a high-volume environment will assist us in maximizing the efficiency and accuracy of our processes as well as identifying new opportunities for VINtek to enhance the profitability and service performance of our clients.”
More Auto Finance

Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
Read More →
Mind Your Process
Consistent steps taken in various aspects of the F&I office can make valuable differences over time, similar to an outline for a best-selling book.
Read More →
Top Five Credit Application Fraud Flags
Compliance audits regularly reveal bad habits that can lead to fraud charges and should have been stamped out decades ago.
Read More →
More Auto Loans for the Taking in August
Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.
Read More →
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →