Legal/Financial News
Auto Lenders Improve Dealer Satisfaction Levels from 2009 -- July 29, 2010
WESTLAKE VILLAGE, Calif. — Given all the changes that have occurred in the auto lending space since the capital markets collapsed, there are apparently three key factors dealers prefer and look for in the lenders they work with and send much of their business to. The three common themes ... [ Full Story ]
National FICO Scores Show Decline, But Stabilization Occurring -- July 29, 2010
MINNEAPOLIS, Minn. — A comparison of national FICO Scores from 2008, 2009 and 2010 show that consumer credit risk has climbed over the past two years. Looking at prime scores ...
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Southeast Toyota Finance Rolls Out New Incentive -- July 29, 2010
DEERFIELD BEACH, Fla. — Southeast Toyota Finance rolled out a new program this week designed to give recent or upcoming college graduates and Master's or Ph.D. degree candidates greater ability to ... [ Full Story ]
Chase Auto Originations Dip Quarter-Over-Quarter -- July 27, 2010
NEW YORK — Chase recently reported that auto loan originations for the second quarter were up 9 percent from the prior year; however, they were down ... [ Full Story ]
AmeriCredit Now on Fitch Ratings Watch -- July 27, 2010
NEW YORK — Last week's revelation that General Motors would acquire AmeriCredit also prompted a reaction from Fitch Ratings. A day after the automaker made its announcement, Fitch placed AmeriCredit on ... [ Full Story ]
Trifish Finance Turns to New Company for Payment Processing -- July 27, 2010
CHATTANOOGA, Tenn. — Trifish Finance, an indirect auto finance company based in southern California, recently switched to ... [ Full Story ]