Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Synchrony Financial is leaning on innovation and AI to enhance credit decisioning in its auto portfolio as improving credit performance creates room to expand approvals. The Stamford, Conn.-based lender uses its Synchrony PRISM underwriting platform to analyze thousands of data points — including a borrower’s income, expenses and ability to afford vehicle maintenance and repairs— […]
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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
