Auto Delinquencies Climb, Despite Low Unemployment
Historically, there has been a “very high correlation” between auto delinquencies and the unemployment rate, yet, today unemployment is the ...
Month: May 2017
Credit Acceptance Grows 72-Month Loans, as Historical Data Accumulates
Credit Acceptance Corp.’s average loan term rose in the first quarter to 54 months — the longest it’s been since ...
Bank of America to Talk “Game-Changing” Mobile App at Auto Finance Innovation
Bank of America is aiming to offer a “game-changing mobile experience” with its new online, direct lending platform, Duane Freeman, ...
Toyota Partners With Not-for-Profit to Help Scale Character-Based Lending
Michelle Corson, founder and chief executive of On the Road Lending, with client Ericka Griffin. (Photo by: Sutton Pictures) Toyota Motor Co., through ...
Powersports Lenders Turn to Dealers as Fraudulent Loan Activity Escalates
Consumer fraud continues to rise, as evidenced by two men who were arrested this week for producing fraudulent documents to ...
MotoLease to Host Second Dealer Seminar This Fall
MotoLease LLC is planning another dealer seminar for September, following a successful training session in late April, Managing Partner Emre ...
Compete or Manage Risk [Sponsored]
Remember when you were shocked that average loan terms had increased to 62 months, then 68 months and so on? ...
Toyota Partners With Not-for-Profit to Help Scale Character-Based Lending
Toyota Motor Co., through Toyota Social Innovation, formed a partnership with not-for-profit organization On the Road Lending — by providing three grants totaling over $1 ...
