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categorized as “deep subprime,” also have more access to car financing; lenders’ exposure to those borrowers was up 17% year over year. “Car loan standards are loosening – you don’t have to have that impeccable credit score to get a ...

Looser Credit Standards Boost Car Sales

SFG Finance’s National Subprime Loan Portfolio Program purchases performing vehicle loans, providing needed capital and allowing dealers to achieve greater liquidity in their business ventures. Additionally, sellers of portfolios will be provided a ...

SFG Finance Names PassTime USA its Preferred Vendor

is the largest distributor of consumable commercial, industrial and passenger vehicle lubricants in the ... “The Senior Secured Loan Program provided us with an efficient, timely and reliable financing solution,” said Jill Raker, Managing Director ...

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Manager Jeff Zahn said Budget Auto Plus offers on-the-spot financing and nearly anyone can get a loan with which to buy a vehicle. The service department works on both road and recreational vehicles and offers free pickup and delivery.

What's up: Budget Auto adds recreation vehicles

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Wells Fargo is laying off 66 workers at its finance office in Aberdeen. The office, part of a Wells Fargo Financial division that dissolved in 2010, collected on a so-called runoff portfolio of auto-loan debt, company spokeswoman Staci Schiller said.

Wells Fargo laying off 66 workers in Aberdeen

except auto loans. Lapid said the net increase in demand for loans for business was attributed by banks to increased customers’ inventory and accounts receivable financing needs as well as the relatively low interest rates. On the other hand, he pointed ...

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