Capture rates drop amid credit degradation at Automotive Credit
NASHVILLE, Tenn. — Automotive Credit Corp. has seen a dip in average consumer FICO scores, leading to a lower capture...
Chase Auto supports dealers through technology
NASHVILLE, Tenn. — Chase Auto’s technology initiatives aim to speed funding for dealers and support various distribution models. One...
Open Lending certified loan volume drops 26% YoY
Automation fintech Open Lending posted a decline in certified loan volume for the fourth consecutive quarter as banks and credit...
ESG: Financiers lean into sustainability
Electric vehicles are prompting a wave of eco-conscious finance companies to break into — or expand into — auto, heightening...
Some dealers see 20% jump in auto leasing
Leasing volumes have increased as elevated vehicle prices and rising interest rates prompt consumers to lean on short-term leases for lower...
Auto refinance market poised for growth
The auto refinance sector is preparing for a growth period when interest rates will stabilize on the heels of strong...
E-contracting volume ticks up 0.5%
Adoption of e-contracting among lenders continues to rise despite slowing origination volume, as evidenced by growth in the volume of...
5 questions with … CULA VP of Business Development Mark Chandler
Mark Chandler, vice president of business development at Credit Union Leasing of America, is motivated by his relationships with team...
