Vehicle Sales
AFN Composite Index
+4.30%
Inventory Index
SOFR
APR 48 Mos.
Jolt Credit Union is looking to leasing to boost portfolio growth after a slowdown in auto finance volume this year. Saginaw, Michigan-based Jolt signed on with lease solutions provider Credit Union Leasing of America (CULA) in mid-July and originated more than $680,000 in leases through Aug. 24, Stephanie Domina, vice president of member service and lending, told Auto Finance News. For perspective, the credit union typically purchases $1 million in […]
Already subscribed? Log in
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
