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Auto lenders brace for rise in synthetic fraud
Synthetic identity fraud is a growing concern for credit unions that finance auto loans. Auto loans make up a significant...
Harnessing opportunities in direct lending
The auto industry has been shifting, with consumers moving online and demanding an improved experience, and the way drivers buy,...
US jobless claims jump to three-month high amid new shutdowns
Applications for U.S. unemployment benefits surged last week, topping estimates with the highest level since September, suggesting that widening business...
Driving Customer Loyalty, Retention After Total Loss
Consumer complaints against automotive lenders are on the rise, according to a recent report from the U.S. Public Interest Research...
PenFed auto marketing campaign promotes its open charter
Pentagon Federal Credit Union is doubling down on marketing initiatives its auto product designed to promote low financing rates and...
Wells Fargo Auto provides keys to independence for veterans
Former U.S. Army Chief Warrant Officer 2 Lucas Thompson and his family with their donated car at the Museum of...
Legislation in auto finance: What’s on the horizon?
The rise of a state-driven consumer protection agency, along with the 2020 presidential election results, could shake up legislation practices...
COVID paves way for Axis Auto Finance origination growth
© Can Stock Photo / daoleduc Tightened underwriting standards amid COVID-19 and a partnership with Westlake Financial Services has opened...
