Post Tagged with: "First Investors Financial Services"

AutoGravity is partnered with Daimler and Mercedes-Benz Financial Services to bring online car shopping to the phone. (Photo by William Hoffman)

AutoGravity Adds Real-Time Inventory Amid Financing Milestone

September 27, 2017 at 11:30 am 0 comments

On the heels of reaching a milestone $1 billion of requested financing on AutoGravity, the startup is introducing real-time inventory on new and used cars for partnered dealership groups, the company announced in a press release this morning.   Prior to the integration, consumers were only able to browse throughRead More

AutoGravity's Volkswagen Credit App (PRNewsfoto/AutoGravity)

VW Credit Joins AutoGravity Through Equity Investment

July 6, 2017 at 11:53 am 4 comments

VW Credit Inc. has made an equity investment into the online origination portal AutoGravity and is both joining the platform as a captive lender and utilizing the company’s technology to create its own branded online financing mobile app, according to a Wednesday press release. AutoGravity declined to disclose the sumRead More

Higher Losses Prompt More ABS Enhancement

Higher Losses Prompt More ABS Enhancement

March 7, 2017 at 9:00 am 0 comments

LAS VEGAS — Of the nine subprime auto ABS transactions that have gone to market, four have higher levels of credit enhancements, Amy Martin, senior director of structured finance at S&P Global, told AFN. “The issuers with higher credit enhancement  include American Credit Acceptance LLC, First Investors Financial Services, FlagshipRead More

Westlake Financial Services Joins AutoGravity

Westlake Financial Services Joins AutoGravity

February 21, 2017 at 10:30 am 1 comment

Westlake Financial Services is now a lending partner on the AutoGravity platform, which facilitates loan originations for consumers shopping for a vehicle online, the company’s announced in a press release this morning. AutoGravity expanded to 46 states earlier this year with the promise it could offer consumers up to fourRead More

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AutoGravity Expands to 46 States, Partners with Captives

January 25, 2017 at 10:43 am 2 comments

The California-based digital car buying company AutoGravity announced today that it’s now available in 46 states across the country. There are at least four lending partners available in each state where the platform is offered, the company told Auto Finance News. “You can expect multiple captive lenders and we’ll beRead More

How ‘Furnishers’ Can Avoid Trouble with the Feds

How ‘Furnishers’ Can Avoid Trouble with the Feds

July 23, 2015 at 2:28 pm 0 comments

The Consumer Financial Protection Bureau is targeting violations of strict rules for so-called “furnishers,” including auto lenders, plus in many cases their vendors, and potentially some independent dealers and buy-here, pay-here dealers, assuming they all furnish consumers’ nonpublic personal information to credit reporting bureaus.

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