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Gravity Lending’s auto refinance applications and approvals have grown year over year, driven by declining interest rates and the resurgence of lender liquidity. The Austin, Texas-based fintech’s refinance applications have increased in volume 25% to 30% YoY as of December 2024, to about 30,000 per month across the credit spectrum, Chief Executive Brian Jones told […]
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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
