Page 429 – Auto Finance News

Signage is displayed outside a Citizens Financial Group Inc. bank branch in downtown Boston, Massachusetts, U.S., on Tuesday, Oct. 10, 2017. Citizens Financial Group Inc. is scheduled to release earnings figures on October 20. Photographer: Scott Eisen/Bloomberg

Last week, Citizens Financial Corp. pulled out of indirect auto, marking the second bank to voluntarily exit auto financing and ...

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byAuto Finance News

June 12, 2023

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At Auto Finance News, we strive to provide you with the most valuable insights and analysis on the ever-evolving auto ...

Colma, California, US, on Friday, July 22, 2022. Ford Motor Co. is expected to release earnings figures on July 27.

Ford Credit launches Mach-E lease option for gig drivers

byJoey Pizzolato

June 9, 2023

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Ford Credit is collaborating with Uber Technologies to launch a short-term lease option for gig drivers to help promote the ...

The US Capitol in Washington, DC, US, on Monday, June 5, 2023. The president's signature on legislation suspending the federal debt ceiling which cleared the House and Senate by wide margins last week has given the Treasury Department the green light to resume net new debt issuance after months of disruption.

Chance of recession declines alongside rise in debt ceiling

byRiley Wolfbauer

June 9, 2023

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PLANO, Texas — The odds of the United States economy falling into a recession declined as the debt ceiling was ...

A worker walks through the lot of Paragon Honda and Acura car dealership in the Queens borough of New York, U.S., on Thursday, July 15, 2021. Soaring used-car prices accounted for more than one-third of the recent increase in the consumer price index, which in June rose at the fastest rate in 13 years.

Consolidation for increased efficiencies at Honda Finance

byAmanda Harris

June 9, 2023

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Following the consolidation of its regional offices into three service centers, American Honda Finance Corp.’s call center efficiency and associate ...

Car loan application with car keys. Capture rates drop amid credit degradation at Automotive Credit

Origence launches top of funnel lending arm

byJoey Pizzolato

June 13, 2023

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Origence Lending Services has launched a lending arm to provide credit unions with access to upstream channels that aren’t available ...

Changing market, rates prompt banks to exit auto lending

byAmanda Harris

June 8, 2023

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Relationship priorities, rising interest rates and changing indirect lending dynamics have contributed to several banks’ recent exits from indirect auto ...