Prestige Financial Services Inc. has selected analytics software and services provider SAS to revamp its internal credit scorecard program.
In the second quarter, finance sources continued their drive down into the high-risk credit tiers and consumers continued to pay on time. But the magazine’s resident finance insider wonders how long those trends can continue in this month’s review of quarterly auto finance trends.
First-half credit growth outpaced the first half of 2010 by $43 billion, with the automotive segment being one of the key drivers, according to Equifax’s National Credit Trends Report.
Black Book Online has launched its Activator Complete product, which provides accurate trade-in values and features the Credit Activator, a tool that gives customers an estimated credit score range without asking them to divulge sensitive information, such as their Social Security number or date of birth.
Despite a slew of market challenges, the automotive retail market continues to motor along. In the driver’s seat is an improving auto finance market, CNW stated in its April Retail Automotive Summary.
The auto finance market continued to drive forward in the fourth quarter of 2010, but can it continue? Experian Automotive’s director of automotive credit runs through the numbers.
FICO announced that the auto industry is simultaneously migrating to the FICO 8 Auto Score, with most lenders expected to complete the adoption process by May.
Automotive credit continued to strengthen in the year-end quarter of 2010, as 30- and 60-day delinquencies exhibited sharp declines, according to Experian Automotive's quarterly analysis.
DealerTrack Inc., a subsidiary of DealerTrack Holdings Inc., has added functionality to its DealerTrack Performance Suite that will enable dealers to comply with the Federal Trade Commission’s new Risk-based Pricing Rule, which goes into effect on Jan. 1, 2011.
The Risk-Based Pricing Rule's "go live" date of Jan. 1, 2011 is quickly approaching. Will you be ready to comply with the FTC's new rule?
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In