Pelican to Extend Loan Terms, Grow With $100 Million in Funding
Pelican Auto Finance will raise its longest loans to 66 months — compared with a maximum of 54 months previously...
Three Reasons to Follow Up on Lost Sales
A typical lender receives anywhere from five to 20 loan applications for every one contract. Experts say, there is a...
Ford Sales Hit Record High on Strong Utility Demand
Ford Motor Co. saw strong demand in utilities “almost across the board” in August, said Mark LaNeve, Ford’s vice president...
Credit Reporting Tops CFPB Complaints Report
Credit reporting complaints soared 56% in July, according to the latest Consumer Financial Protection Bureau monthly consumer complaints report. Of 26,704 complaints...
Exeter’s Anderson to Give Keynote at Auto Finance Summit
Thomas Anderson, chief executive and managing partner of Exeter Finance Corp., will deliver the keynote address at the 15th annual...
Five Steps for Setting Up Your Information Security Program
The Consumer Financial Protection Bureau and the Federal Trade Commission will be knocking at the doors of powersports dealerships and...
Repos to ‘Explode’ as Market Increases, Experts Say
As lenders increasingly enter the subprime space, the volume of repossessions is expected to spike from current lows, according to Patrick...
Auto Loans and Leases Top $1 Trillion Mark
Outstanding auto loans and leases reached a record $1.02 trillion as of June 30, compared to $923.69 million a year earlier,...
