Subprime auto finance company GO Financial completed the sale of a substantial equity interest in GO Financial to Manheim today, furthering connecting the dealer-support efforts of GO Financial and NextGear Capital.
GO Financial is now majority owned by DriveTime chairman Ernie Garcia and DriveTime president and chief executive officer Ray Fidel and minority owned by Manheim. NextGear Capital still is wholly owned by Manheim.
– See more at: http://www.autoremarketing.com
Subprime auto finance company GO Financial completed the sale of a substantial equity interest in GO Financial to Manheim today, furthering connecting the dealer-support efforts of GO Financial and NextGear Capital.
GO Financial is now majority owned by DriveTime chairman Ernie Garcia and DriveTime president and chief executive officer Ray Fidel and minority owned by Manheim. NextGear Capital still is wholly owned by Manheim.
The Consumer Financial Protection Bureau has named an assistant director for the division that oversees auto finance.
Jeffrey Langer has joined the CFPB as the assistant director http://www.delicious.com/crosbyru/cfb
The Consumer Financial Protection Bureau has named an assistant director for the division that oversees auto finance.
Jeffrey Langer has joined the CFPB as the assistant director of installment and liquidity lending markets in the Bureau’s Research, Markets, and Regulations Division.
The Telephone Consumer Protection Act (TCPA) requires a call placed to a cellular phone using an autodialer to have the prior express consent of the person who received the call, the Eleventh Circuit Court of Appeals held this past Friday in a ruling that went against the creditor defendant.
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Toyota is recalling 119,140 model year 2003-04 Avalon vehicles manufactured June 5, 2002, through Dec. 20, 2004.
In these vehicles, the supplemental restraint system (SRS) circuits are susceptible to internal shorting.
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