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CFPB halves estimate of ‘credit invisible’ consumers
The Consumer Financial Protection Bureau has updated its methodology for determining the number of consumers with thin-file or no credit...
Ford sales jump 14.2% YoY in June, Subaru drops 15.8%
Major automakers saw mixed sales in June and the second quarter, determined in part by OEMs’ abilities to mitigate tariff-induced...
Fintech Origence’s funding ratio drops 5.3 ppts
Origence’s funding ratio dropped through the first half of the year even as application volume increased among its credit union...
Powersports Finance Summit 2025 agenda is live
Powersports Finance Summit 2025 returns Sept. 23-24 to the Sonesta Columbus Downtown, providing attendees with the opportunity to expand dealer...
AI’s moment in auto lending: Balancing efficiency, oversight, ethical risk
Artificial intelligence is no longer a distant concept in auto lending — it’s here, embedded in workflows from loan origination...
Pagaya streamlines underwriting, counteroffers
AI-based financier Pagaya Technologies is investing in capabilities for faster auto loan funding and counteroffers to increase conversion rates for...
Boat registrations drop 18% in May
U.S. boat retail registrations plummeted in May as consumers curbed discretionary spending amid economic uncertainty. Boat retail registrations dropped 18%...
Georgia’s Own expands Octane partnership to include credit unions
Credit unions can purchase powersports loans through a forward-flow agreement between Georgia’s Own Credit Union and Octane, facilitated by loan...
