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Repossession of the American Dream, Part 2

  • Posted by FT Admin
  • On January 21, 2014
In my last post, I directed your attention to the fact that for many Americans a new home is the American dream and for the Underbanked, buying a car is the American reality.  Additionally, I set the stage for a case to be made that the auto finance market if left without further innovations, we […]
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Repossession of the American Dream

  • Posted by FT Admin
  • On January 7, 2014
In the land of milk and honey, buying a home is considered the de facto accomplishment for the American Dream.  However if you are underbanked, unbanked, or non-banked (insert your own definition here), buying a car is the more common aspiration and an American Reality for such a large universe of people. Today, the Underbanked […]
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2013 closed out with a bang – 3.3 million used vehicles sold during December

  • Posted by FactorTrust
  • On January 6, 2014
Subprime Financing Rise Helps Used Sales Close 2013 Strong ANDON, Ore. — The ability of subprime customers to obtain vehicle financing helped the used-vehicle industry finish the year on the upswing as December capped an overall great year for the pre-owned market and pushed the full-year sales total above 40 million units. Specifically, used-car sales […]
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