Carvana financing volume drops 24% in Oct.
Financing volume at Carvana dropped for the sixth straight month in October as rising interest rates, record inflation and high...
Passion drives product: Fabien Thierry, Auto Finance Executive of the Year
Fabien Thierry, Bank of America. Photographer: Jeff Sochko/Auto Finance News Historically, indirect auto lending has been an impersonal process. A...
CFPB keen on creating new auto lending data set
The Consumer Financial Protection Bureau (CFPB) is looking to build a new auto lending data set to allow for “a...
Capital One makes cuts in auto division
Capital One has initiated layoffs for a "small portion" of the 3,300 associates in its auto division, a company spokesperson...
Huntington launches indirect powersports financing program
Huntington Auto Finance is the latest entrant into the indirect powersports finance industry and has begun financing all-terrain vehicles (ATV),...
Santander Consumer USA to launch lead generation website
Santander Consumer USA (SCUSA) is gearing up to launch a lead-generation website that highlights the lender’s financing offering while also...
Listen: Weekly Wrap discussion on Q3 earnings close, AFS
Last week, third-quarter earnings began wrapping up and coverage from the Auto Finance Summit continued, with Capital One Auto Finance,...
Arivo Acceptance updates risk model every 3-6 months
Subprime lender Arivo Acceptance is ratcheting up the speed and frequency with which it updates its risk models amid current...
