Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Larissa Padden

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USAA melding human, AI interactions 

USAA is testing ways to improve the digital experience and identify when human intervention is necessary,

UACC originations rise 16% 

Vroom subsidiary United Auto Credit Corp.’s originations rose in the first quarter as the lender’s liquidity

Banks tighten auto credit standards, Fed reports

More banks tightened credit standards in the first quarter while consumer demand for auto loans held,

GM Financial, Husch Blackwell talk CFPB shift

NASHVILLE, Tenn. — As the Consumer Financial Protection Bureau withdraws dozens of rules, policy statements and

CFPB X account ‘doesn’t exist’ anymore

The Consumer Financial Protection Bureau’s X account is gone. “This account doesn’t exist,” reads social media

US retail sales barely rise, suggesting some spending pullback

Growth in US retail sales decelerated notably in April, reflecting consumers pulled back spending on cars,

PenFed’s refinance applications up 75% 

NASHVILLE, Tenn. — PenFed Credit Union’s volume of auto refinance applications is growing as consumers look

NMAC president: 84-month loan terms ‘inevitable’

NASHVILLE, Tenn. — Captives expect loan terms to remain stretched for the foreseeable future as affordability

Credit Union Auto Lending Surges

David Thompson

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