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Credit access tightened in November after loosening for much of the fall, with credit unions becoming more stringent compared with other lender types as competition from captives picks up. The Dealertrack Auto Credit Availability Index decreased 0.8% sequentially and 4.2% year over year to 94.8. An increase in yield spreads, decrease in subprime share, shorter […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
