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Artificial intelligence (AI)-based lending marketplace Upstart’s financing partners in the second quarter originated the platform’s first $10 million in auto retail loans as the company continues to attract OEMs and lenders to its auto refinance product. Upstart grew its number of financing partners in Q2 to 71 banks and credit unions, up from 57 in […]
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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
