AFRCS, AFI: It’s not too Late to Join the Discussion
There is still time to register for the Auto Finance Risk & Compliance Summit – the only industry event that...
Avant Preps for CFPB Oversight
Avant Inc. is proactively preparing for regulatory oversight from the Consumer Financial Protection Bureau, following the marketplace lender’s launch of...
Ford Credit Won’t Pay Its Parent This Year
A shift in the underlying financials at Ford Motor Credit Co. is resulting in a suspension of the captive's usual...
CACC Receives Subpoena From Maryland AG
Credit Acceptance Corp. received a subpoena from the Attorney General of the State of Maryland, “relating to the company’s repossession...
Ford Credit’s Extended Term, Leasing Remain Below Industry Average
Ford Credit Motor Co. is offering terms of 73 months or higher to only consumers with “very, very high Fico scores,”...
Westlake Approves Rideshare Income on Apps
Money earned from being a rideshare driver is an official form of income as far as Westlake Financial Services is...
CPS Saw ‘Very Strong’ First Quarter Results
Consumer Portfolio Services saw a “very strong” first quarter in terms of originations growth, Chief Executive Charles Bradley said during...
Ally Focused on ‘Middle’ Market, Post Dip in Originations
Higher yields offset lower auto origination volume at Ally Financial Inc. in the first quarter. Year over year, originations fell...
