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Weekly NHTSA Recalls

NHTSA Campaign ID Number: 13V357 Manufacturer: Outdoors RV Manufacturing Make / Model Years: BLACK STONE / 2014 CREEK SIDE / 2013-2014 TIMBER RIDGE / 2013-2014 WIND RIVER / 2013 Subject: Unexpected Unfurling of the Awning NHTSA Campaign ID Number: 13
Aug 19, 2013
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Vaden Automotive Group Customers Enjoy Average $3,000 Improved Equity Using AutoPayPlus™ Biweekly Loan Payments

US Equity Advantage (USEA), a leading provider of biweekly and custom consumer loan acceleration services to the automotive industry, announced today that Vaden Automotive Group reports that their customers average $3,000 improved equity position wh
Aug 16, 2013
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Risky Borrowers and Auto Loans

Risky borrowers and auto loans, from The New York Times. Auto lending is up, which has brought concerns about whether risky loans are driving the trend. A new analysis from the Federal Reserve Bank of New York finds new auto loans to borrowers with l
Aug 16, 2013
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New Federal Rule Requires Vehicle Recall Information to Be Searchable by ID Number

According to The New York Times, a new federal rule requires recall information to be searchable by ID number. The National Highway Traffic Safety Administration issued a final rule that will require all major automakers and motorcycle manufacturers
Aug 16, 2013
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CPS Likes Staffing Level as Originations Grow

According to SubPrime Auto Finance, CPS likes staffing level as originations grow. As Consumer Portfolio Services continues to buy more contracts, the company believes it’s in a good personnel position to handle more originations while the subp
Aug 16, 2013
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StoneEagle and ADP F&I Results Announce the Launch of a Jointly Branded Dealer Solution

StoneEagle is pleased to announce the launch of a joint initiative with ADP F&I Results that takes F&I video training and F&I performance reporting and accountability to the next level. The StoneEagle SEcureMetrics F&I reporting appli
Aug 16, 2013
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Automotive Compliance Consultants Says CFPB’s Aggressive Actions Focus Importance on Dealer Compliance to Adverse Action, Risk-Based Pricing Notices

As the federal Consumer Financial Protection Bureau (CFPB) continues to advance aggressively against auto lenders and thus auto dealers, it is imperative management reviews how it handles and complies with federal Fair Credit Reporting Act regulation
Aug 16, 2013