Lenders


If you are getting into the subprime business, establishing connections with the right kinds of lenders is essential. To make lender relationships easier to navigate, we offer information about how to find, communicate and work with the best lenders both nationwide and in your specific area.


Capital  One  to  Eliminate  Local  Area  Sales  Managers Capital One to Eliminate Local Area Sales Managers

In a fax transmittal to its dealers earlier today the Plano Texas-based lender announced that it was eliminating all local area sales managers.

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Nuvell  and  National  Auto  Finance  Cease  Operations Nuvell and National Auto Finance Cease Operations

GMAC informs its Nuvell and National Auto Finance dealers that both subprime units will cease originating loans on January 7th.

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RouteOne  Adds  Bank  of  America  to  eContracting  Platform RouteOne Adds Bank of America to eContracting Platform

RouteOne recently announced that Bank of America had become the first non-captive lender to participate in the RouteOne eContracting solution.

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First  Investors  Reports  Second  Quarter  Earnings First Investors Reports Second Quarter Earnings

The Houston-based subprime lender recently announced its quarterly results.

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AmeriCredit  ?  Business  Market  is  Difficult AmeriCredit ? Business Market is Difficult

AmeriCredit outlines its future in an investor presentation made at the 2008 FBR Capital Markets Fall Investor Conference in New York City.

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Credit  Crisis  Continues  to  Slam  AmeriCredit Credit Crisis Continues to Slam AmeriCredit

Fairholme Funds acquires an additional percentage of AmeriCredit. Transaction was necessary to maintain the financial viability of the subprime lender.

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AmeriCredit  Announces  Quarterly  Results AmeriCredit Announces Quarterly Results

This week, the Fort Worth-based subprime lender released the results of its operations for the first quarter. As expected, the lender took a hit from July through September of this year.

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Jobs  and  Local  Economies  Show  How  Credit  Crunch  Affects  Americans Jobs and Local Economies Show How Credit Crunch Affects Americans

In the latest consumer survey, this one from the Royal Bank of Canada, U.S. consumer confidence experiences its largest single month decline, as Americans' expectations for the future plummet according to the RBC CASH Index.

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Another  One  Bites  the  Dust Another One Bites the Dust

It?s beginning to sound like the hit song from Queen in 1980, as another lender, this time Regions Bank, pulls the plug on indirect auto lending.

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Newest  Survey  from  J.D.  Power  Ranks  Dealer  Satisfaction  with  Lenders Newest Survey from J.D. Power Ranks Dealer Satisfaction with Lenders

In its latest survey, J.D. Power and Associates found that there was a direct correlation between how car dealers felt they were treated by lenders and the share of business a lender received from those same dealers.

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Auburn Hills, MI 48326
Phone: 888-535-2277
Fax: 248-370-6601
Phone: 888-535-2277 - Fax: 248-370-6601

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