Vaidik Trivedi, Author at Auto Finance News

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Sub-$10K used vehicles offer opportunities as dealer supplies tightens

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Auto lender Canvas Credit Union taps AI-driven data to boost business

SAN DIEGO — Indirect auto lender Canvas Credit Union generated

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

LendingClub’s AI-driven underwriting model yields 40% fewer delinquencies

Online lender LendingClub is deploying AI throughout its operations, including

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

FourLeaf FCU sees 53.8% jump in auto loan origination with AI

FourLeaf Federal Credit Union is using AI to grow its

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

CFPB X account ‘doesn’t exist’ anymore

The Consumer Financial Protection Bureau’s X account is gone. “This

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

USAA aims to ‘unplug the keyboard’ with gen AI

Financial services giant USAA is looking to deploy AI and

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Grasshopper launches digital banking for ACG members

Grasshopper Bank has completed its acquisition of Auto Club Trust

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Ally Financial refocuses with an eye toward auto business

Digital bank Ally Financial‘s multiyear restructuring initiative reduced headcount, streamlined

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)