‘Killer Apps’ May Pressure Residuals
It’s obvious that in the auto finance sector, 72-month-term paper entails many risks. Those risks are amplified when it comes ...
It’s obvious that in the auto finance sector, 72-month-term paper entails many risks. Those risks are amplified when it comes ...
The N.Y. Federal Reserve Bank released a study last week indicating that subprime loans, while on the rise, have not reached ...
Though nonprime loan portfolios increased last year, delinquency rates grew at a faster clip, according to the 2014 Non-Prime Auto ...
As automotive lenders know, leasing is a cyclical business tied to shifting interest rates. For decades, as rates have gone ...
Sonic Automotive Inc. is in discussions with a pair of lenders to offer private-label financing to car buyers, Executive Vice President ...
Regulators have grown so aggressive with enforcement that many auto lenders now have a "fear of retribution" if they even talk ...
Extending loan terms is becoming increasingly common in Canada, according to a report from Bloomberg. The average loan term for ...
E-commerce solutions provider iVendi is warning that car dealers could risk damaging long-term relationships with customers if they fail to ...