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.


Put  away  that  shotgun  and  make  peace  with  your  lenders Put away that shotgun and make peace with your lenders

With the number of subprime lenders scaling back their loan portfolios, it?s more important than ever to start treating the remaining ones better ? and that includes the elimination of ?shot gunning? deals.

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The  state  of  the  subprime  market  1st  quarter  2008 The state of the subprime market 1st quarter 2008

With a number of subprime lenders reporting first quarter results, a clearer lender picture is emerging for the second quarter of 2008.

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Experian  and  Credit  Builders  Alliance  Announce  Partnership  to  Establish  Data  Reporting  For  Microlenders Experian and Credit Builders Alliance Announce Partnership to Establish Data Reporting For Microlenders

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Consumer  Portfolio  Services  reports  1st  quarter  earnings Consumer Portfolio Services reports 1st quarter earnings

On April 15th, CPS reported first quarter earnings for 2008. While they didn?t match 2007 earnings, there were a number of bright spots in the report.

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Analyzing  CPS  Fourth  Quarter  and  Full-Year  Earnings  2007 Analyzing CPS Fourth Quarter and Full-Year Earnings 2007

On February 12th, CPS disclosed their earnings for the fourth quarter and all of 2007. Unlike AmeriCredit, there was good news and unlike many subprime auto lenders, CPS did not appear to pull back in the fourth quarter of 2007?

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New  car  loans  stretch  to  greater  lengths New car loans stretch to greater lengths

More buyers finance for six, even seven years ? a risky move given how quickly some cars depreciate.

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Finance  Managers  -  ?Underbanked?  ?  a  new  financial  term Finance Managers - ?Underbanked? ? a new financial term

There is a newly defined group of borrowers out there that banks are trying to wrap their arms around, but the subprime crises may hold many of them back?

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Subprime  Managers  Prepare  for  Changes  in  the  Bad  Credit  Market Subprime Managers Prepare for Changes in the Bad Credit Market

At Auto Credit Express, we have noticed a number of changes in the bad credit lending arena. Subprime lenders are cutting out many of their smaller dealers and tightening up their credit requirements. How can you, as a special finance manager, prepare for this?

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New  FICO  score  means  more  subprime  customers New FICO score means more subprime customers

Fair Isaac, the company that created the FICO score, has created a new scoring model that will create credit histories for more customers.

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Change  in  the  subprime  auto  loan  landscape? Change in the subprime auto loan landscape?

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3252 University Drive, Suite 250
Auburn Hills, MI 48326
Phone: 888-535-2277
Fax: 248-370-6601
Phone: 888-535-2277 - Fax: 248-370-6601

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