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Auto Finance News
  • 3:31 pm

Auto Finance Technology sponsored by InformedIQ

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Octane Lending issues second ABS deal of year, largest to date

Octane Lending this week entered into the asset-backed securities market for the second time in 2021

  • Joey Pizzolato
  • November 12, 2021

Shift F&I revenue increases as it prioritizes direct from consumer purchasing

Shift Technologies increased its finance and insurance (F&I) revenue and e-commerce sales as it continued to

  • Whitney McDonald
  • November 12, 2021

Ex-US Bancorp employee alleges racist lending practices

A Black loan underwriter who said he was fired due to racism alleges that U.S. Bancorp

  • Bloomberg News
  • November 12, 2021

Upstart reports 348% growth in Q3 loan originations

Artificial intelligence (AI)-based lending platform Upstart reported triple-digit growth and profits during Tuesday’s third-quarter earnings call,

  • Loraine Lawson
  • November 11, 2021

Open Lending logs 138% YoY jump in certified loans, increased refi penetration

Automation fintech Open Lending posted year-over-year increases in its certified loans despite industry headwinds as refinance

  • Joey Pizzolato
  • November 11, 2021

Be intentional with data analytics, auto finance panelists say

Digitization amid the pandemic introduced an influx of data that lenders must now decipher to determine

  • Whitney McDonald
  • November 11, 2021

Carvana origination volume jumps 116% YoY as it pads inventory

Online used-car retailer Carvana has propped up its origination volume as it works to combat industrywide

  • Joey Pizzolato
  • November 10, 2021

Vroom hits record 81% of vehicles sold in Q3 sourced from consumers

Vroom saw increases in gross product revenue and gross profit per e-commerce unit and is addressing

  • Whitney McDonald
  • November 10, 2021

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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