Latest News

Experian Automotive Taps New President -- May 20, 2013
SCHAUMBURG, Ill. — Experian appointed a new president of its automotive business unit today to assume responsibility for the strategic direction, leadership and overall growth of the business. Tapped for this role is ...
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PRNDL.com Introduces Streamlined Financing for Online Shoppers -- May 20, 2013
ALPHARETTA, Ga. — PRNDL.com, an online vehicle-buying service, launched its streamlined Finance Center last week, offering a full spectrum of credit options for applicants of all credit levels. Site officials highlighted the Finance Center joins ...
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Vendor Transparency Solutions Launches Complaint Handling Module for Lenders & Service Providers -- May 20, 2013
TUCSON, Ariz. — Vendor Transparency Solutions, an Arizona-based compliance management company, recently released its Complaint Handling Module, an addition to the VTS Compliance Monitoring Platform. VTS highlighted the industry specific Complaint Handling Module can ...
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Credit Bureau Connection Rolls Out Solution for Long-Term Document Storage -- May 20, 2013
FRESNO, Calif. — For decades, Credit Bureau Connection contends that dealers have stored deal and compliance documents in big metal file cabinets and wondered what length of time to keep them. Now, CBC believes it has a solution to make ...
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FTC Unable to Provide Compliance Data CFPB Wanted -- May 17, 2013
WASHINGTON, D.C. — As the Consumer Financial Protection Bureau prepares its annual report to Congress, the agency wanted specifics of what compliance matters other federal regulators are involved with regarding non-bank entities, which can include franchised and independent dealerships. The Federal Trade Commission, which has jurisdiction over dealers, shared [ Full Story ]

TransUnion, Carfax Create Scoring Tool to Predict Future Delinquency -- May 17, 2013
CHICAGO — TransUnion developed what it called an innovative risk assessment model designed to help auto lenders evaluate the potential for future loan delinquency based on the history of the vehicle used as collateral. Officials highlighted that they developed the TransUnion Vehicle History Score in partnership with Carfax, using ...
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