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SpringboardAuto to Target Private-Party Auto Sales in 1Q, CEO Says

SpringboardAuto.com will offer refinancing for existing auto loans, and fund private-party purchases in the first quarter

Games May Help Lenders in Pursuit of Underbanked Millennials

Some millennials may not have checking accounts or desktop computers, but the vast majority have smartphones,

GMF Set to Open San Antonio Servicing Center in 2017

General Motors Financial Inc. will begin construction of its new financial servicing center – set to

Look Beyond the First Rate Hike, Wells Economist Cautions

Lenders should prep for gradual interest rate hikes through 2016, Sarah House, vice president and economist

CarHop and BHPH Captive Settle with CFPB for $6.4 Million

CarHop, one of the nation’s biggest buy-here, pay-here dealership groups, and its affiliated finance company, Universal

Low Auto Defaults in November: S&P Dow Jones Indices

Auto loan default rates should stay low, and consumer interest rates on auto loans shouldn’t feel

Average Auto Debt Up $500 in 2016: TransUnion

The average auto debt per borrower should keep on increasing in 2016, to an estimated $18,509

Fed Rate Hike Shouldn’t Bother Auto Finance at First, Analysts Say

Analysts don’t expect much, if any, immediate effect on auto finance and consumer demand for autos,

Credit Union Auto Lending Surges

David Thompson

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