Going Direct: How to Build a Direct Lending Business
Back in 2005, consumers visited 4.1 dealerships before buying their cars. They were often uncertain about trade-in values, and simply...
Nonprime Delinquencies Climbed 20% As Portfolios Grew In 2013
Though nonprime loan portfolios increased last year, delinquency rates grew at a faster clip, according to the 2014 Non-Prime Auto...
TD Auto’s Clark to Deliver Keynote at 2014 Auto Finance Summit
Paul Clark, president and chief executive of TD Auto Finance, will deliver the Keynote Address at the 2014 Auto Finance...
Big Wheels 2014
Bolstered by nearly 30% growth in originations, auto finance outstandings closed out 2013 at a record $822.1 billion. The...
CPS Comes to Market With $202 Million ABS
Consumer Portfolio Services plans to come to market with a new $202.5 asset-backed securities offering on June 18. In its...
Service CU Predicts Bright Outlook for Auto
Auto lending is a “huge part” of Service Credit Union’s business, and Chief Financial Officer Andrew McGeorge’s outlook for the...
Tesla Launches Financing Unit
Tesla Motors Inc. has set up a financing arm to offer leases to corporate buyers of the company’s premium battery-powered...
E-Contract Volume Hits 50% for Trio of Captives
The volume of loans contracted electronically in February neared 50% for Ford Motor Credit Co. and grew to the high-50%...
