News Feed
ThunderRoad Originations Hike 279% YoY
The powersports industry is in “growth mode,” according to Donal Hummer Jr., president and chief executive of ThunderRoad Financial. The Reno,...
Ford Credit Won’t Pay Its Parent This Year
A shift in the underlying financials at Ford Motor Credit Co. is resulting in a suspension of the captive's usual...
CACC Receives Subpoena From Maryland AG
Credit Acceptance Corp. received a subpoena from the Attorney General of the State of Maryland, “relating to the company’s repossession...
Financed.com Plans to Expand Deep Subprime Loans Nationally
Financed.com, a new online platform that connects borrowers and consumers, facilitated its first auto loan this month, Managing Director Andrew...
CPS Implements Text and Tablet Apps for 2Q16
Customer Portfolio Services (CPS) is continuing to overhaul its collection process. “We’re testing a smart tablet payment application to download from...
Harley-Davidson Elects New Board Chairman
Harley-Davidson Inc. elected Michael Cave as nonexecutive chairman of its board of directors, the company announced Monday. Cave will succeed Richard...
‘Growing Pains’ Not Cause for Concern, Praxis Exec Says
Praxis Finance has considered offering indirect auto financing, but due to high competition and low margins “there are better times...
Ally Ups Ante on Direct-to-Consumer, Digital Offerings
Ally Financial Inc. plans to add more direct-to-customer offerings to its digital services, Chief Executive Jeffrey Brown said during the...
