Financial News

For many individuals, gaining credit can be a tricky process. Many consumers face barriers when accessing credit and sometimes pay more for credit for many reasons, including having no credit…
GWC Warranty has announced several additions to its sales leadership team, with five newly created regional sales manager positions.
Brian Francis was promoted to GWC's Midwest RSM position, overseeing GWC's…
Used car sales are expected to decline in May. Edmunds estimates that3.4 million used vehicles will be sold in May. That is down from 3.5 million in April. Edmunds forecasts…
Credit Acceptance Co. has added a new lender to one of its revolving secured warehouse facilities. As a result, Credit Acceptance increased the amount of the facility to $250 million…
Auto finance continues to grow even as delinquencies rise. The Federal Reserve Bank of New York’s quarterly report on household debt finds auto finance balances continued their six-year upward trend.…
Gas prices continue to rise, topping $3 a gallon in most parts of the country. But so far, there has been little effect on the used-car business. “We’re good for…
Spireon was named IoT Vehicle Telematics Company of the Year in the 2018 Compass Intelligence awards. Voted on by a judging panel of more than 40 industry-leading journalists, editors and…
PassTime and Megasys announced the companies have completed a software integration project. With the new integration project complete, customers will be able manage their PassTime GPS products using the Megasys…
Like many people, Eugene Rubinchuk, general manager of Michael's Auto Plaza in East Greenbush, N.Y., first started paying attention to Bitcoin when it shot up in price last fall. Rubinchuk…

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