Latest News

Non-Prime Survey: Longer-Term Loans Continue to Grow -- September 04, 2008
HANOVER, Md. — For the first time, the National Auto Finance Association's Non-Prime Auto Financing Survey featured metrics by FICO score, loan-to-value and term. Along with the usual annual statistics such as delinquencies and charge-offs, the report also analyzed ... [ Full Story ]

Chrysler Offers Discount to Consumers Leasing Via Independent Institutions -- September 04, 2008
AUBURN HILLS, Mich. — In Chrysler's August sales report, the company said that while sales are down 34 percent from last year, they are up 12 percent over July thanks to enhanced financing offers, efforts to shift lease-oriented customers to purchasing and ... [ Full Story ]

BMW to Continue Support of Leasing -- September 04, 2008
WOODCLIFF LAKE, N.J. — The president of BMW of North America said Wednesday that the company strongly believes in continuing to offer leasing for its customers; however, he indicated that ... [ Full Story ]

August Marks New Monthly Record in Bankruptcy Filings Since Law Change -- September 04, 2008
ALEXANDRIA, Va. — Looking specifically at August, the American Bankruptcy Institute reported that U.S. consumer bankruptcy filings increased ... [ Full Story ]

NAF Association Publishes Non-Prime Study -- September 02, 2008
HANOVER, Md. — The National Automotive Finance Association announced it has published its 2008 Non-Prime Automotive Financing Survey. The survey, conducted by ... [ Full Story ]

The Proper Perspective for Collection Success -- September 02, 2008
I've often said that one of the most difficult jobs at CenterOne Financial Services is that of a collector, working with financially challenged customers all day, every day. And although the job is difficult, it doesn't have to ... [ Full Story ]