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Bloomberg News
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Auto Finance Technology sponsored by InformedIQ

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Vroom completes UACC acquisition

Vroom completed its acquisition of United Auto Credit Corporation today, closing a $300 million deal to

  • Amanda Harris and Whitney McDonald
  • February 1, 2022

CAC reduces credit loss provisions as originations wane 23% YoY

Credit Acceptance Corp. pulled back its provisions for credit losses in Q4 on the heels of

  • Joey Pizzolato
  • February 1, 2022

Nicholas Financial direct originations jump 84% YoY in fiscal Q3

Nicholas Financial continues to see an upward trajectory in origination volume as the lender expands its

  • Amanda Harris
  • February 1, 2022

5 questions with … Santander Consumer USA President and CEO Mahesh Aditya

Mahesh Aditya, president and chief executive of Santander Consumer USA, leads with a customer-first mentality while

  • Whitney McDonald
  • February 1, 2022

4 ways SaaS technology futureproofs auto finance lending success

Although supply chain issues — specifically the lack of semiconductor chips — continue to impact auto

  • Shim Mannan
  • February 1, 2022

Listen: Weekly Wrap rounds up Q4 earnings

All reporting publicly traded banks posted decreases in allowance coverage rates in the fourth quarter as

  • Whitney McDonald
  • January 31, 2022

Industry Pulse: Origination trends with JD Power’s Mike Buckingham

Banks and credit unions further reclaimed financing market share in 2021 after losing ground to captives’

  • Joey Pizzolato
  • January 31, 2022

Banco Santander completes Santander Consumer USA acquisition

Banco Santander has completed its acquisition of Santander Consumer USA, closing a $2.5 billion deal in

  • Amanda Harris
  • January 31, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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