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Rodo launches used vehicles on its digital platform
Rodo is expanding its online marketplace to include used vehicles as demand and values in the pre-owned space remain elevated....
Upending an already lopsided used-car market
Beware, used-car lenders: The higher values rise, the harder they’re bound to fall. For the past two years, limited used-car...
Credit Acceptance Corp. settles alleged UDAP violations
Credit Acceptance Corp. (CAC) has settled with the Mississippi Attorney General’s Office on allegations that the Southfield, Mich.-based lender engaged...
Flagship Credit Acceptance’ virtual food drive collects for Feeding America
Flagship Credit Acceptance donated more than 5,300 pounds of food to Feeding America in November and continues its philanthropic efforts...
CarMax Auto Finance NIM jumps amid uptick in originations
CarMax Auto Finance (CAF) posted an increase in origination volume and net interest margin in the third quarter of the...
Ally Financial bolsters Vroom’s floorplan facility
Ally Financial has increased Vroom’s floorplan line of credit to nearly double its former amount as the online used-car retailer...
Industry Pulse: New technologies raise regulatory concerns, McGlinchey experts say
Technology advancements in the auto finance industry have been a top priority for lenders during the last two years, and...
Listen: Weekly Wrap on capital funding and powersports trends
Last week, the asset-backed securities (ABS) market posted its highest volumes since the 2008 credit crisis, Shift Technologies ended its...
