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Chinese Loan Platform Files for $100M U.S. IPO
© Can Stock Photo / yuyu2000 Weidai Ltd., a title lender that provides small businesses with credit backed by auto loans,...
Used-Car Values Hold Up Despite Forecasted Depreciation
© Can Stock Photo / happyalex Analysts have predicted high depreciation rates in the used-car market for more than a...
Investments in Public Auto Finance Companies Top $9 Billion
© Can Stock Photo / Antartis Institutional investors had combined shares valued at $9.4 billion in the handful of publicly...
AutoFi Adds Lenders to Network Amid Expansion to Used Dealers
© Can Stock Photo / GunterNezhoda AutoFi, a white-label financing platform that’s working with Ford Motor Credit to rollout to...
Dealers Prioritize Lender Communication, J.D. Power Survey Finds
Audi RS 3 Sportback (via Audi Media Center) As interest rates rise, dealer satisfaction with their lender partners is increasingly...
Westlake Leads in Subprime ABS Volume With Third Securitization
Westlake Financial Services is one of the main drivers of new auto asset-backed securitization volume in the subprime space following...
Despite Strong Job Market, Slow Wage Growth Remains Challenge for Lenders
© Can Stock Photo / paulgrecaud The economy is in a healthy place that has helped bolster consumer confidence, but...
CFPB to Eliminate Military Lending Supervisory Exams Amid DoD Regulatory Changes
© Can Stock Photo / Klementiev The White House is planning on revising Department of Defense (DoD) rules to more...
