Auto Finance News, Author at Auto Finance News

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Sub-$10K used vehicles offer opportunities as dealer supplies tightens

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Cordray Takes Flak From Senators

Richard Cordray, director of the Consumer Financial Protection Bureau, faced

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Cordray Prepares to Address Senators Today

CFPB Director Richard Cordray will speak before the Senate Committee

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Study: Bank Auto Loan Customers Bypassing Branches

Bank customers are increasingly looking online ― not at branches

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Yo-Yo Deals Come Under Scrutiny

The press ― and the government ― have stepped up

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Navy Federal Expects Growth in 2014

Navy Federal Credit Union has seen a record year in

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

The Subprime Seesaw: Looser Credit vs. Advanced Analytics

Increasingly relaxed credit underwriting standards in the subprime auto world

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Fed: Auto Loans and Consumer Credit Climb in 3Q

Higher third-quarter vehicle sales and an increased demand for credit

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)