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E-contracting volumes grow 7% amid consumer push

The volume of digitally originated auto loans increased during the second quarter despite slowing origination volume

  • Riley Wolfbauer
  • August 3, 2023

Wave of repo litigation hits auto lenders

Auto lenders are being advised to review their repossession notification processes following several lawsuits in recent

  • Amanda Harris
  • August 3, 2023

New auto derivative to allow lenders to hedge price exposure

Auto lenders will soon be able to hedge used-vehicle price exposure on an open derivatives market.

  • Joey Pizzolato
  • August 3, 2023

Marine interest rates top 9%, quell consumer appetite

Rising interest rates are dampening consumer demand for boats and pushing down sales at marine manufacturer

  • Johnnie Martinez II
  • August 3, 2023

Credit Acceptance consumer loan volume jumps 8% YoY

Credit Acceptance Corp. logged an increase in originations in the second quarter as yields ticked up

  • Joey Pizzolato
  • August 2, 2023

Chatbots can reduce collection costs by 15%

Lenders can save time and reduce collection costs by leaning on intelligent virtual agents to provide

  • Riley Wolfbauer
  • August 2, 2023

Camping World F&I drops 15% YoY

Camping World’s second-quarter finance and insurance revenue continued to decline year over year as the dealer

  • Johnnie Martinez II
  • August 2, 2023

Banks tighten auto loan standards in Q2, Fed reports

Banks continued to tighten credit standards for auto lending amid widening spreads in the second quarter

  • Riley Wolfbauer
  • August 1, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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