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GWC Warranty and Universal Lenders LLC have partnered to offer The ZERO Plan, a zero-percent alternative financing option for GWC vehicle service contracts.
Read More →Chase Auto Finance launched of a new consumer financing program that includes retail subvention financing for Chrysler, Jeep, Dodge and Ram Truck vehicles.
Read More →After hearing what one finance executive said about financing back-end products, the magazine’s front-line columnist decides to delve into the root of the dreaded ‘Line 5’ call.
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Chris ‘Captain Credit’ Cochran struck gold for Haddad Dealerships with a social media promotion that grew into a standalone special finance department.
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Things are looking up for the below-prime segment, but our analyst warns that there still may be trouble ahead for the finance companies and dealers who serve that segment.
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CarFinance Capital is new to the auto finance world, but the people behind the nonprime/subprime finance source are not. The editor gets the skinny.
Read More →Volkswagen Group’s VW Credit Inc. has chosen Wolters Kluwer Financial Services as a preferred provider of motor vehicle lease contracts for Volkswagen, Audi and Bentley dealerships.
Read More →Company officials partially attribute Ford Motor Credit Company’s $173 million decrease in earnings to reductions in credit loss reserves and other expenses, the company reported today.
Read More →Group 1 Automotive’s syndicated credit facility will provide $1.1 billion for inventory floorplan financing and $250 million for working capital, acquisitions and general corporate purposes.
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Delinquencies and dollar volume of at-risk loans continued to fall in the first quarter, and auto finance sources responded, with shares of loans to credit-challenged buyers increasing by 11.1 percent. Experian Automotive’s director of automotive credit provides a snapshot of other auto finance trends from the quarter.
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