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Subprime consumer financier OneMain Financial completed its acquisition of subprime auto lender Foursight Capital on April 1, just over four months after the deal was first announced. OneMain acquired Foursight from investment firm Jefferies for $115 million in an all-cash deal, according to a OneMain release. OneMain did not immediately respond to Auto Finance News’ […]
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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
