First Investors Financial Services Group, Inc. · Houston, TX United States ·(OTC: FIFS)
Company Description
Phone: 713-977-2600
Fax: 800-528-2384
Toll Free: 800-528-2384
View First Investors Financial Services Group, Inc. Locations On A US Map
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This link will open in a new window They're not the first investors in the subprime auto loan market, but they're coming on. First Investors Financial Services originates subprime auto loans (made to people with blemished or nonexistent credit) indirectly through auto dealers or directly to consumers. The dealer indirect program consists of loans originated through hundreds of franchised auto dealers in nearly 30 states. First Investors Financial Services drums up business for its direct lending through direct mail campaigns in about 15 states. The company also purchases portfolios of auto loans from other lenders. It has some 40,000 customers and $600 million in receivables. Texas is its largest market. To read the full description, subscribe now.
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Key First Investors Financial Services Group, Inc. Financials
| Company Type | Public - OTC: FIFS Headquarters |
| Fiscal Year-End | April |
| 2007 Sales (mil.) | $38.6 |
| Employees | 198 |
First Investors Financial Services Group, Inc. Executives
10 executives listed for First Investors Financial Services Group, Inc.'s Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Tommy Moore | Network |
| SVP and COO | Blaise Rodon | Network |
| EVP, CFO, Secretary, and Treasurer | Bennie Duck | Network |
Competition
Competitive Landscape for First Investors Financial Services Group, Inc.
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top First Investors Financial Services Group, Inc. Competitors
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