Economy Slowly Recovering in Deep Subprime, Prestige Exec Says
Consumers’ financial state has been “stagnant” post-recession, according to Bryant Henrie, president of Prestige Financial Services Inc. “What we are seeing...
Motorcycle OEMs Meet Demand for Cheaper Models
Yamaha, Kawasaki and Honda are leading a recent trend among powersports manufacturers by releasing new motorcycle models — sometimes the “exact same...
CPO Decline Seasonal, Not a Trend, Expert Says
After 14 consecutive months of growth, sales for certified pre-owned vehicles dropped 1% in August year-over-year, according to sales data compiled by...
Pelican to Extend Loan Terms, Grow With $100 Million in Funding
Pelican Auto Finance will raise its longest loans to 66 months — compared with a maximum of 54 months previously...
Three Reasons to Follow Up on Lost Sales
A typical lender receives anywhere from five to 20 loan applications for every one contract. Experts say, there is a...
Ford Sales Hit Record High on Strong Utility Demand
Ford Motor Co. saw strong demand in utilities “almost across the board” in August, said Mark LaNeve, Ford’s vice president...
Credit Reporting Tops CFPB Complaints Report
Credit reporting complaints soared 56% in July, according to the latest Consumer Financial Protection Bureau monthly consumer complaints report. Of 26,704 complaints...
Exeter’s Anderson to Give Keynote at Auto Finance Summit
Thomas Anderson, chief executive and managing partner of Exeter Finance Corp., will deliver the keynote address at the 15th annual...
