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Bloomberg News
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Subprime lenders tighten income, LTV requirements

Inflation, deteriorating credit performance and worsening affordability have prompted subprime auto lenders to tighten lending requirements

  • Amanda Harris
  • November 21, 2023

Lower credit tiers key to EV growth

Prime consumers have dominated electric vehicle purchases and financing, but for adoption to reach OEM benchmarks,

  • Riley Wolfbauer
  • November 21, 2023

A 5-step plan for catching synthetic identity fraud

Synthetic identity fraud, document fraud and identity theft fraud: These are the three most common forms

  • Joey Pizzolato
  • November 21, 2023

Dealers must be ready for new FTC data breach reporting rule

On Oct. 27, the Federal Trade Commission issued a final rule to amend its Standards for

  • David Thompson, McGlinchey
  • November 21, 2023

Toyota Motor Credit fined $60M by CFPB

The Consumer Financial Protection Bureau has ordered Toyota Motor Credit Corp. to pay $60 million for

  • Riley Wolfbauer
  • November 20, 2023

GM Financial to expand telematics-based insurance in ’24

GM Financial is gearing up to expand its telematics-based insurance offering in 2024 following the August

  • Joey Pizzolato
  • November 20, 2023

Podcast: ‘Weekly Wrap’ discussion on subprime market

Higher interest rates are just one challenge facing consumers and affecting their ability to make their

  • Amanda Harris
  • November 20, 2023

U.S. Bank initiates major staff cuts in auto division

U.S. Bank laid off a portion of its auto division this week as the bank continues

  • Joey Pizzolato
  • November 17, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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