CREDIT: Delinquencies Rise, Lenders Tighten Credit byCody Lyon April 12, 2017 0 Subprime 60-plus-day delinquencies declined to 4.28% in February, compared with 5.09% in January, according to S&P Global. Year over year, however,...
Fintech Continues to Transform Auto Finance, but Will it Take Over? byCody Lyon March 23, 2017 0 Fintech companies that advertise efficient financing solutions are becoming more prevalent in the auto industry. Technology is advancing in a...
Turner’s Levin: Competitive Landscape Spurs ‘Less Focus’ on Auto byCody Lyon January 11, 2015 0 Auto Finance News recently caught up with Turner Acceptance Corp. President and Chief Executive Jonathon Levin. He shared candid insights on...
Citizens: Service and Relationships Matter Most byCody Lyon November 26, 2014 0 In today’s “intense” auto finance market, a solid sales force can help a company stand out from the competition, Citizens Financial...
Turner to Reduce Focus on Auto, Citing Pricing Pressure byCody Lyon November 24, 2014 0 Chicago-based lender Turner Acceptance Corp. plans to reduce its focus on auto finance, in favor of increased personal loan business,...
BB&T To Enter Auto Leasing With Susquehanna Acquisition byCody Lyon November 20, 2014 0 BB&T Corp. is headed into auto leasing. The bank agreed this week to shell out $2.5 billion in cash and stock to...
DriveTime to Pay $8 Million Penalty Over Collection Calls byCody Lyon November 19, 2014 2 "Buy here, pay here” car dealer DriveTime has been ordered to pay an $8 million civil penalty by the Consumer...
CFPB to Review AFSA Challenge to Disparate Impact Methodology byCody Lyon November 19, 2014 0 A spokesman from the Consumer Financial Protection Bureau said in a statement that the consumer regulatory agency will carefully review...
