For Immediate Release - January 11, 2012

CARFINCO FINANCIAL GROUP INC. TSX: CFN Carfinco Financial Group Inc. Declares Cash Dividend for January 2012

EDMONTON, ALBERTA /CNW/ - Carfinco Financial Group Inc. ("Carfinco" or the "Company") announces that a cash dividend of 3.0 cents per share has been declared for January 2012, with a payable date of January 31, 2012, to shareholders of record on January 20, 2012. The ex-distribution date is January 18, 2012.

About Carfinco Financial Group Inc.

Carfinco focuses on providing consumer vehicle loans to borrowers unable to obtain financing through traditional lending sources. A network of select independent and franchise dealerships offer Carfinco's payment plan to their customers who must, along with the vehicle, meet Carfinco's underwriting guidelines. The shares of the Company trade on The Toronto Stock Exchange under the symbol "CFN".
Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward- looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements.
For further information, please contact:
Mr. Tracy A. Graf The Howard Group Inc. CEO & Director of Carfinco Financial Group Inc. Jeff Walker / Dave Burwell Telephone: 1-888-486-4356 Investor Relations
Facsimile: 1-888-486-7456 Telephone: 1-888-221-0915
E-mail: tgraf@carfinco.com E-mail: Info@howardgroupinc.com
Web site: www.carfinco.com Web site: www.howardgroupinc.com

Carfinco Financial Group Inc.

300, 4245 - 97 Street, Edmonton, Alberta, T6E 5Y7

Phone: (780) 413-7549