News Archive
Franchised Activity Pushes BHPH Market Share -- December 06, 2011
SCHAUMBURG, Ill. — Buy-here, pay-here penetration in used-vehicle financing continues to be on the rise, according to third-quarter data assembled by Experian Automotive. Experian discovered the BHPH market share climbed ...
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November Bankruptcy Filings Show Double-Digit Drop from Last Year -- December 06, 2011
ALEXANDRIA, Va. — Showing a double-digit drop, November U.S. consumer bankruptcy filings fell by 12 percent year-over-year, coming in at …
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DEALERsure Availability Expands into 43 States -- December 06, 2011
MELBOURNE, Fla. — Five Star Specialty Programs, a division of Crump Insurance Services and part of Crump Group, revealed today that coverage for its dealers insurance program now encompasses 43 states. The seven states still excluded from DEALERsure are ...
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VINtek Manages Second Lien Filings on Upwards of 70,000 Trucks -- December 06, 2011
PHILADELPHIA — Auto finance solutions company VINtek recently announced it has completed second lien filings on a fleet of more than 70,000 trucks, using its ...
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DriveTime Launches Indirect Lending Division for Dealers -- December 01, 2011
PHOENIX — DriveTime Automotive Group, which helps people with less than perfect credit get a vehicle, revealed to SubPrime Auto Finance News this week the launch of an indirect lending division doing business as GO Financial. In the subprime, buy-here, pay-here business ... [ Full Story ]
Experian: 3Q Subprime Auto Loans Climb Year-Over-Year -- December 01, 2011
SCHAUMBURG, Ill. — Experian Automotive analysis showed auto lenders are increasing loans to credit-challenged customers. According to its quarterly automotive credit analysis unveiled today, Experian discovered 21.87 percent of all ...
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