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In the third quarter, subprime originations increased for the first time since the credit crisis. F&I’s auto finance analyst breaks down the results.
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Here’s a short primer to help you take advantage of what could be the best time of year for special finance: tax season.
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The bankruptcy segment is growing by leaps and bounds, and insiders say there’s a group of lenders just waiting to help dealers cash in on this niche market.
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The October acquisition of Western Funding Inc. by former Harbor Structured Finance executives Frederick and Katherine Cooper and Philip D. Nick came as a surprise to many dealers, some of whom first partnered with the 48-year-old finance company decades ago. New details provided by the acquiring parties, however, show that a deal had been in the works for some time.
Read More →Finance Express, a provider of dealer management system and Web technology for independent dealers, has partnered with Denver-based Access Capital Investment Group (ACIG) to offer dealers a built-in opportunity to liquidate their buy-here, pay-here portfolios.
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Leading subprime lending executives joined Jim Bass to discuss how they — and their dealers — are navigating the changing special finance landscape.
Read More →Special Finance Coach Rob Hagen will offer a free “Pre-Tax Time” Webinar series starting Thursday to help special finance and buy-here, pay-here operations prepare for tax season.
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The magazine’s resident finance expert points out the good, the bad and the ugly about the recovery. He then offers his take on what lending sources are really saying these days.
Read More →DealerLink, a provider of automotive leads, is prepared to launch its newest brand: SpecialFinanceLeads.com. The company acquired the domain in order to expand its industry footprint and improve its industry targeting.
Read More →BarNone Inc., a provider of special finance leads, today launched its new Internet lead program, LiveLead. Through the program, BarNone verifies leads with multiple phone calls from its live-call center.
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