Mobile app keeps consumers up-to-date on financing options

Mar 24, 2011 Brian Bradley

Auto dealers and lending sources are continually looking for new ways to reach consumers. Now, lenders are appealing to consumers' mobile devices with a new technology from the Chubb Insurance Group. The company states that its new mobile


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New Hampshire considering bringing back short-term lending

Mar 24, 2011 Todd Milner

New Hampshire lawmakers are moving closer to re-establishing short-term lending and auto title loans in the state, according to a report from the New Hampshire Business Review. State Senators have yet to advance a bill, but the Business Review


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Risk management is key for lenders

Mar 23, 2011 Brian Bradley

One of the biggest issues for any financial institution today is credit risk management. Deciding which customers are worthy of credit can be a key factor in whether or not a company is able to be profitable or whether it will lose money based


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FTC makes $800,000 settlement with short term loan marketer

Mar 23, 2011 Todd Milner

FTC makes $800,000 settlement with short term loan marketer

The Federal Trade Commission recently settled charges against two short term loan marketers that allegedly tricked consumers into buying prepaid debit cards that were unrelated to their short term loan applications.Matthew Patterson, Mark Benning,


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Michigan credit union offers vehicle purchasing options

Mar 23, 2011 Brian Bradley

A Michigan credit union is opening its doors to car purchasing, which will allow consumers to browse inventory and research options at financing and alternative credit lines. Michigan First Credit Union will soon introduce an online platform


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