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Newsby StaffAugust 20, 2019

SMART Payment Plan Adds 30 New Markets

Matching payments program provider SMART Payment Plan is seeking agents to represent the company in 30 new U.S. markets.

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Newsby Tariq KamalAugust 7, 2019

DOJ Settles Nissan Captive Case for $3M

The U.S. Department of Justice announced Nissan Motor Acceptance will pay $3 million to settle charges that it unlawfully repossessed 113 vehicles belonging to active military members.

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Newsby StaffAugust 2, 2019

New-Vehicle Interest Rates Fall to 5.8%

The average interest rate for a U.S. new-vehicle loan fell below 6% for the first time all year as automakers and dealers extended model-year selldown promotions.

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Newsby Tariq KamalAugust 1, 2019

Cornered Fed Announces First Rate Cut Since 2008

Facing new global realities and pressure on multiple fronts, the Federal Reserve cut interest rates for the first time in more than a decade in an attempt to prolong the economic expansion.

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Newsby StaffJuly 24, 2019

Record Growth Prompts USEA to Expand HQ

US Equity Advantage has expanded its Orlando headquarters by 40% to accommodate a growing workforce.

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Newsby StaffJune 20, 2019

Black Book Launches Anti-Powerbooking Solution

Black Book has unveiled Asset Verification Tool, a proprietary VIN-level identifier designed to help auto finance sources reduce the risk of fraud at loan origination.

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Newsby StaffJune 19, 2019

ADT Announces Winners of 2019 Dealers’ Choice Awards

Auto Dealer Today has revealed the winners of the 15th annual Dealers’ Choice Awards, a program that gives dealers and dealership personnel the opportunity to recognize their favorite vendors, suppliers, and finance sources in 35 categories.

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Newsby StaffJune 19, 2019

Study: Off-Lease Supply Drives Pre-Owned Demand

TransUnion analysts report more consumers in the prime and superprime credit tiers are choosing to buy used as off-lease units continue to flood the market, offering a budget-friendly alternative to increasingly expensive new cars.

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Newsby StaffJune 13, 2019

Spireon Appoints Skutta President of Automotive

Spireon has united multiple automotive channels into a single division to be led by TrueCar and Autotrader veteran Brian Skutta.

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Newsby StaffJune 6, 2019

Experian: Facing Higher Loan Amounts, Prime Buyers Go Used

More consumers in the prime and superprime credit tiers opted for used vehicles as concerns around affordability grew in the first quarter, according to the latest report from Experian.

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