Amanda Harris and Riley Wolfbauer

Pentagon Federal Credit Union (PenFed) announced this week the closing of the lender’s first-ever auto loan securitization deal, a $460...

Inside payments fintech Highline’s auto expansion plan

byAmanda Harris and Riley Wolfbauer

August 24, 2022

Payments fintech Highline Technologies is looking to expand into auto loan payments on the heels of raising $13 million in...

Ford Credit looks to form own bank

byAmanda Harris and Riley Wolfbauer

July 27, 2022

Ford Credit applied July 22 for an industrial loan charter with the Federal Deposit Insurance Corporation (FDIC) to form Ford Credit...

Veros Credit to open new Texas service center

byAmanda Harris and Riley Wolfbauer

July 21, 2022

Santa Ana, Calif.-based subprime auto lender Veros Credit is opening a new dealer and customer service center in Irving, Texas,...

July 4 weekend brings fewer deals as incentive spend declines

byAmanda Harris and Riley Wolfbauer

July 6, 2021

This year’s Independence Day weekend was marked by a noticeable pullback in incentives and emptier-than-usual dealership lots. Incentive spend industrywide...

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PenFed Credit Union enters auto ABS market

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