Higher Interest Rates Will Likely Reduce 2019 Sales by 300,000 Units, Analyst Says
© Can Stock Photo / JohnKwan Rising interest rates will likely shave vehicle sales by 300,000 units this year, predicted...
Forum Credit Union’s Ben Wire on Lending’s Competitive Landscape
Ben Wire, Forum Credit Union’s dealer division manager Credit unions have been increasing their share of the auto loan business....
Payment Startup Adds Credit Card, Mobile Wallet Options
PayNearMe, a Sunnyvale, Calif.-based vendor that services cash payments for auto loans, is expanding to include debit, credit and ACH...
Clutch Expands Porsche Subscription Program to Include Hourly, Weekly Rentals
Via press.porsche.com Following its acquisition of fleet-management company Clutch Technologies, Cox Automotive is broadening its program with Porsche to include...
Rise of Speculative-Grade Auto ABS Causes Concern, S&P Says
© Can Stock Photo / Elwynn The level of speculative-grade ABS outstandings is six times greater this year than it...
Honcker Pushes Out Features as the Company Creates New Revenue Channels
Editor's note: This interview was originally featured in the June issue of Auto Finance News. With 2019 on the radar,...
Western Funding Targets Faster Dealer Funding With New Tech, Guidelines
Jim Murray Western Funding Inc. looks to further improve the dealer funding process with clearer guidelines and the implementation of...
Will Credit Unions Push Into the Secondary Market?
When the National Credit Union Administration (NCUA) released a proposal in June 2017 to permit federal credit unions to securitize...
