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F&Iby Eric GandarillaAugust 4, 2016

103 Lawmakers Call on CFPB to Eliminate Mandatory Arbitration

On Wednesday, more than 100 members of Congress called on the Consumer Financial Protection Bureau (CFPB) to proceed with its effort to eliminate forced arbitration.

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F&Iby StaffAugust 4, 2016

Portfolio Makes OC Business Journal's 'Best Places to Work' List

For the third time, California's Orange County Business Journal named Portfolio to its 2016 Best Places to Work list.

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Auto Financeby StaffAugust 4, 2016

Truck and Few Car Segments See Growth in 2016, Jumpstart Automotive Reports

Cheap oil prices in recent years have caused consumers to rediscover their love of SUVs, CUVs and trucks. Jumpstart Automotive said today that trend continued in the first half of 2016, with some notable exceptions.

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Digitalby StaffAugust 4, 2016

Carvana Enters Washington, D.C., Market

Carvana is continuing its ongoing market expansion with its official launch in Washington, D.C. The online pre-owned retailer now provides next-day delivery to nearly 103.5 million customers nationwide, including more than 13.2 million in the Washington, D.C., area.

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F&Iby StaffAugust 3, 2016

Compliance Summit Panel to Include F&I Pro, Experts, Editor

Organizers of the upcoming Compliance Summit have announced that a panel dedicated to “Your Responsibilities” will include an award-winning F&I director, two compliance experts and a member of the Auto Dealer Today editorial team.

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Auto Financeby StaffAugust 3, 2016

Millennials Want to Buy Cars, Study Finds

Findings from the 2016 Credit Karma Millennial Report have revealed that 90% of Millennials throughout the country currently own a car or want a car.

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Auto Financeby StaffAugust 3, 2016

KBB Releases List of Top 10 Back-to-School Cars

For the third year in a row, the Honda Fit ranked No. 1 on Kelley Blue Book’s list of 10 Best Back-to-School Cars. Honda also claimed the third- and fourth-place spots with its Civic and HR-V models, respectively.

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F&Iby StaffAugust 3, 2016

Cost Estimates are Crucial to Service Appointments, Study Finds

Xtime's survey of 668 vehicle owners shows that a majority (more than 70%) believe cost estimates are either extremely important or very important when setting appointments. These responses outranked all other factors surveyed, like the availability of transportation options and the option to choose different service advisors, the company stated.

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F&Iby StaffAugust 3, 2016

i3 Brands Announces Integration Deal With Snap-on Business Solutions

Today, i3 Brands announced an integration deal that will have its PartProtection system, a point-of-sale platform that allows car dealers to offer service contracts on OEM parts, integrated into Snap-On Business Solution's electronic parts catalog.

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F&Iby StaffAugust 2, 2016

Ally Financial Moving More Downstream Into Higher Risk Tiers

During Ally Financial's second quarter earnings call, company officials said the finance source is moving downstream into the higher risk, higher yield credit tiers and focusing less on the low-risk superprime loans.

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