News Archive
CNW: Light Appears at the End of the Almost Decade-Long Repo Hike -- January 07, 2010
BANDON, Ore. — After eight years of steady increases, CNW Research recently reported that combined new and used repossessions eased a bit during the first half of December. While slight ... [ Full Story ]
ABI Reveals Annual Bankruptcy Total, Future Outlook -- January 07, 2010
ALEXANDRIA, Va. — The American Bankruptcy Institute pinpointed just how difficult it's been on consumers by sharing exactly how many filings occurred in 2009 and possible trends for this year. Officials revealed data from the National Bankruptcy Research Center that determined ... [ Full Story ]
AFSA Shares More Details on Annual Conference -- January 07, 2010
WASHINGTON, D.C. — As the national economy regains its footing, the American Financial Services Association is gearing its annual conference to give dealers and financial companies specific growth strategies for the rebound. National dealership leaders and top financial company executives are ... [ Full Story ]
Vehicle Acceptance, PassTime Enter into Marketing Partnership -- January 07, 2010
DALLAS — Since both companies aim to serve buy-here, pay-here dealers, Vehicle Acceptance Corp. and PassTime chose to form a marketing alliance. The partnership announced earlier this week resulted in ... [ Full Story ]
TransUnion: Delinquencies Expected to Rise This Year -- January 05, 2010
CHICAGO — A key macroeconomic element factored greatly into TransUnion's projection that auto loan delinquencies — or borrowers 60 or more days past due — will climb in 2010. Officials explained that if the borrower doesn't have ... [ Full Story ]
Hyundai Capital Chooses Reynolds Contract Solution -- January 05, 2010
DAYTON, Ohio — Reynolds and Reynolds recently revealed that one of its financial contract solutions now will be utilized by Hyundai Capital America. Almost 1,500 dealerships nationwide that sell and service Hyundai and Kia vehicles and finance them through Hyundai Capital have ... [ Full Story ]