Risk Management
Historical Data Helps Citizens Bank Improve 84-Month Loan Performance
Via investor.citizensbank.com Citizen Bank has accumulated a broad historical data set of its 84-month loan product, which has allowed it...
Subprime Loan Volume Reaches Record Low, Experian Finds
Subprime loan volume declined 55 basis points in the first quarter compared to the year prior while prime loans increased,...
Carvana Steers Clear of Forming Captive, Opts to Offload Finance Risk
Online car dealership Carvana has no immediate plans to form a captive like its main competitor CarMax, but it does...
Westlake Grows Assets $1.5B With Acquisition of CULA
Westlake Financial Services has acquired Credit Union Leasing of America, which helps its credit union clients form leasing programs, the...
Digital Platform Providers Address Consumer Drop-Off [VIDEO]
Shift Finance made adjustments to its credit application after experiencing a “drop off” of customers during the finance process, Head...
LTVs Decline in 1Q as Subprime Lenders Aim to Steady Loss Levels
DALLAS -- Six subprime auto finance companies in the secondary market have reduced loan-to-value ratios in their underwriting by 100...
NPA Eyes Expansion Following Copart Acquisition
National Powersport Auctions plans further expansion, following its acquisition by Copart Inc., an online salvage and insurance auto auctions service, NPA’s Chief...
Managing Rising Consumer Debt [SPONSORED]
The data says it all. According to Euromonitor and JATO, between 2009 and 2016: U.S. consumer spending on vehicles grew...
