News Feed
Indiana Regulator Focuses on Education for Auto Lenders
Refunds associated with guaranteed asset protection coverage and violations in the Truth in Lending Act are the top two compliance...
Safco Builds Verification Tool to Enable Next-Day Funding
Indirect subprime lender Southern Auto Finance Co. is gearing up to roll out a next-day funding tool that hinges on...
Perfecting the Formula: Why Lenders Need to Harness the Power of Social Media
From June's issue: Since the rise of Facebook, Twitter, and Instagram, consumers are increasingly turning to social media to view...
USAA, Credit Unions Targeted in Fraudulent Auto Loan Scheme
USAA, Navy Federal Credit Union and Pentagon Federal Credit Union were three of nine financial institutions hit with a fake...
‘Back-Loaded’ Auto Loans Threaten Small Lenders
PLANO, Texas — A form of fraud where dealer finance departments or banks “back-load” auto loans with disguised personal loans...
Wells Fargo Seeks Approval of $394M Settlement
Wells Fargo & Co. and National General Insurance Co. will reconvene at the U.S. District Court of Santa Ana, Calif.,...
Mercedes-Benz Subscription Program Triggers Finance Opportunities
An expansion of Mercedes-Benz’s subscription service is likely to spur new financing opportunities for the captive, Mercedes-Benz Financial Services USA,...
Longer Terms, Revolving Period Are Risk Factor in Toyota’s Latest $1B ABS Deal
Toyota Motor Credit Corp. is bringing $1.13 billion in asset-backed securities to market in the captive's first extended-loan securitization, which...
