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While consumers flooded the Consumer Financial Protection Bureau with complaints in January and February, grievances through mid-March have slowed to a trickle. From 2018 through 2022, auto loan- and lease-related complaints averaged 134 per week, according to Auto Finance News’ analysis. In 2023 and 2024, the pace quickened; the weekly average was 247. But this […]
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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
