In my training, I always talk to special finance personnel about not stereotyping special finance customers. I stress for them to always remember at least one customer that they helped get financing when they were in a bad spot in their lives that was due to circumstances beyond their control. It helps to make the job so much more rewarding.

My one stabilizing customer was one of my first customers back in 1993. Their credit was perfect except they had filed bankruptcy. Special finance was… Continue

I am new to this forum but it is obvious there are a lot of experts in the banking industry on here. I am curious of what some of you think the future holds for the sub prime auto loan industry? Logically speaking, it would seem the future is very bright considering the large number of new people with damaged credit; however, the capital problems are the same they have been for the last year. Do you see this changing in the near future? Has the TALF done its job up to this… Continue