The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

News By Topic: Credit Bureaus (Chrysler Credit, GMAC, etc.)

Mercury Finance Announces Restructuring Agreement

Mercury Finance Announces Restructuring Agreement

Mercury Finance Company announced that it has entered into an agreement with substantially all of its senior lenders and with its subordinated debt holder providing for the financial restructuring and recapitalization of the company. ... Continue reading

Westar Financial Redeems Preferred Shares Early

Westar Financial Redeems Preferred Shares Early

Prime-credit auto lessor Westar Financial Services Incorporated announced that preferred shareholders accepted the company's offer to redeem their shares of its Series 1, Series 2 and Series 3 Preferred at face value and ahead of schedule. ... Continue reading

AutoCorp Reports Results of Debt Conversion

AutoCorp Reports Results of Debt Conversion

AutoCorp reports first six months results of its October 21, 1997 debt conversion ... Continue reading

Group 1 Automotive Expands Credit Facility

Group 1 Automotive Expands Credit Facility

Car dealership consolidator Group 1 Automotive has received commitments to increase existing three-year, $125 million revolving credit facility to $345 million. ... Continue reading

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