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NewsJune 14, 2012

Lead Provider to Launch Subprime Financing Platform

Lead provider SMA Alliance Inc., through its wholly owned subsidiary, USAutoplex, is developing a platform to provide subprime auto financing to the branch’s vehicle buyers.

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Mad Marvby Marv EleazerJune 6, 2012

In With the New

His Madness offers a few spring cleaning items you need to take care of before those key selling months roll around.

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NewsMay 29, 2012

OnlineBKManager Announces New Upgrades

OnlineBKManager.com announces upgrades and new features for it Money Back Guaranteed system.

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NewsMarch 29, 2012

Notable Growth for Subprime Originations, Equifax Reports

Subprime borrowers now make up more than 46 percent of the auto finance segment, Equifax noted in a new report that showed subprime origination growth across all lending sectors.

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NewsMarch 29, 2012

SAFCo Enters Four Midwest States

Nonprime finance source SAFCo is now available to dealers in Illinois, Indiana, Michigan and Ohio.

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ArticlesMarch 13, 2012

As Good As Used

The secondary retail and finance markets didn’t dominate the headlines in 2011, but used cars and subprime lending are key to continued growth in the year ahead.

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NewsFebruary 23, 2012

Interest Rates at Lowest Levels Since 2008, Experian Reports

Experian Automotive announced that the automotive loan market showed continued improvement, with interest rates for new- and used-vehicle loans at their lowest levels since 2008.

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NewsDecember 1, 2011

Subprime Originations Realize 3Q Boost, Reports Experian Automotive

Below-prime auto loan originations continued to pick up steam in the third quarter, with the biggest gains seen in the two highest risk segments, Experian Automotive reported.

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NewsNovember 22, 2011

Subprime Buyers Drive Up Used-Car Values

A 39 percent increase in subprime buyers in October drove used-car values up 18 percent compared to the same month a year ago, reported CNW Research.

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NewsNovember 3, 2011

Auto Finance Companies Originating More Loans Than Banks, Credit Unions, Equifax Reports

Auto finance companies have increased lending by more than 47 percent over the past two years, according to the latest Equifax National Credit Trends Report.

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