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Subprime automotive lender Gateway Financial Solutions is the latest lender to roll back indirect auto lending amid the rising cost of capital. Saginaw, Mich.-based Gateway Financial Solutions (GFS) scaled back indirect auto lending outside of Michigan in May, Chief Executive Kristin Karwat told Auto Finance News. GFS originated 377 loans and leases in Michigan 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
