Rates Won’t Derail Record 2016 Auto Sales, Analysts Say byJim Henry January 4, 2016 Despite slightly higher interest rates, U.S. auto sales are headed for another new record in 2016, on top of forecasted record...
CFPB Ombudsman Finds CFPB Press Releases to be (Mostly) OK byJim Henry December 31, 2015 The Ombudsman’s Office within the Consumer Financial Protection Bureau followed up recently on an investigation into complaints from the auto...
FTC Proposes Consumer Research on Auto Finance byJim Henry December 30, 2015 The Federal Trade Commission is asking for public comments — which also means dealers and auto lenders could submit comments...
CarMax Auto Finance Income Up; Subprime ‘Test’ Remains Tiny byJim Henry December 24, 2015 CarMax Auto Finance reported higher income on a lower number of credit applications in the third quarter, as its mix...
Automated Job and Income Database Keeps Growing, Equifax Says byJim Henry December 23, 2015 Lenders have come to rely on automated employment and income verification. A household name in that space, at least within...
CarHop and BHPH Captive Settle with CFPB for $6.4 Million byJim Henry December 17, 2015 CarHop, one of the nation’s biggest buy-here, pay-here dealership groups, and its affiliated finance company, Universal Acceptance Corp., agreed to...
Low Auto Defaults in November: S&P Dow Jones Indices byJim Henry December 17, 2015 Auto loan default rates should stay low, and consumer interest rates on auto loans shouldn’t feel any 1-to-1 impact from...
Average Auto Debt Up $500 in 2016: TransUnion byJim Henry December 17, 2015 The average auto debt per borrower should keep on increasing in 2016, to an estimated $18,509 for the fourth quarter...
Driving Innovation in Automotive Refunds: How Onbe and Allied Solutions Are Modernizing the Payment Experience September 30, 2025
