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Auto finance industry performance trending up (Big Wheels) 

A sequential dip in auto loan rejection rates and an increase in auto asset-backed securitization issuance

  • Amanda Harris
  • November 21, 2024

US initial jobless claims decline to lowest level since April

Applications for US unemployment benefits unexpectedly fell last week to the lowest level since April, illustrating

  • Bloomberg News
  • November 21, 2024

Rising inventories lead to ramp up of incentive spending

Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle

  • James Van Bramer
  • November 20, 2024

Lazydays F&I down 0.8% year over year 

RV dealer group Lazydays’ finance and insurance revenue inched down year over year in the third

  • Ash Savage
  • November 20, 2024

Ally Financial names Richard new CRO, other staff moves 

Ally Financial today announced the appointment of a 27-year veteran of the bank as the company’s

  • Amanda Harris
  • November 20, 2024

Tenet to revamp refi system as applications soar 900% YoY 

EV financing startup Tenet is streamlining its refinancing program to speed approvals in anticipation of rising

  • James Van Bramer
  • November 19, 2024

Hurricane Helene spurs uptick in payment extensions 

Some auto lenders saw a rise in payment extensions following Hurricane Helene, with Hurricane Milton expected

  • Amanda Harris
  • November 19, 2024

Average auto loan rejection rate highest since 2013 (Big Wheels) 

The average rejection rate for auto loans through October increased year over year to the highest

  • Ash Savage
  • November 19, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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