California based Consumer Portfolio Services Inc. will focus on market expansion rather than loosening credit requirements, CEO Charles Bradley said...

Lenders Struggle with CFPB Auto Dealer Edicts

byCody Lyon

April 9, 2014

A year after the Consumer Finance Protection Bureau issued guidelines on discretionary loan pricing by automobile dealers, lenders who buy...

Lenders Struggle with CFPB Auto Dealer Edicts

byGeorge Yacik

April 9, 2014

Lenders are being required to act as a “policeman” over the actions of their dealer clients—who are not regulated by...

Delinquencies Continue to Fall

byBen Geier

April 9, 2014

Just when it seems like it can't get better, somehow it does. Delinquency rates are down yet again for the...

Tesla Launches Financing Unit

byMarcie Belles

April 8, 2014

Tesla Motors Inc. has set up a financing arm to offer leases to corporate buyers of the company’s premium battery-powered...

CPS Grows First Quarter Net Income to $6.7 Million

byCody Lyon

April 8, 2014

Specialty finance company Consumer Portfolio Services, Inc. reported first quarter 2014 income that was around 75% more than what it reported...

GMF Goes ‘Nonprime’

byCody Lyon

April 8, 2014

What’s in a word? At General Motors Financial Co. apparently, quite a lot. GMF quietly this week changed its term...

The Pen Is Causing Cordray More Trouble

byBen Geier

April 8, 2014

And they say letter writing is dead. The old-fashioned form of communications is getting a lot of attention in the...

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Lenders Struggle with CFPB Auto Dealer Edicts

Delinquencies Continue to Fall

Tesla Launches Financing Unit

CPS Grows First Quarter Net Income to $6.7 Million

GMF Goes ‘Nonprime’

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