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Riley Wolfbauer
  • 1:47 pm

Auto Finance Technology sponsored by InformedIQ

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Weekly Wrap: CarMax reaps the benefits of lower cost of funds, investment in auto finance ramps

The auto finance industry has in many ways benefited from a combination of lower funding costs

  • Amanda Harris
  • June 28, 2021

Exeter Finance to be acquired by private equity firm Warburg Pincus

Subprime lender Exeter Finance is being acquired by an investor group led by private equity firm

  • Amanda Harris and Joey Pizzolato
  • June 28, 2021

Jack Tracey, NAF’s founder, dies at 74

John Jude Tracey, the founder of the National Automotive Finance Association (NAF), died June 21 after

  • JJ Hornblass
  • June 28, 2021

CarMax Auto Finance’s Q1 brings ‘largest origination quarter’ in company history

CarMax Auto Finance experienced the “largest single origination quarter” in the lender’s history in the first

  • Amanda Harris
  • June 25, 2021

US personal spending stagnated in May as prices increased

U.S. personal spending stagnated in May, reflecting a decline in outlays for merchandise, while a closely

  • Bloomberg News
  • June 25, 2021

Wells Fargo Auto increases GAP financing allowance

Wells Fargo Auto has increased its allowance on guaranteed asset protection (GAP) products with its dealer

  • Joey Pizzolato
  • June 25, 2021

Axos Bank dips down into subprime financing

Axos Bank is expanding its credit box to include subprime borrowers through a partnership with automation

  • Joey Pizzolato
  • June 24, 2021

Lendbuzz secures $360M in equity, debt funding

Lendbuzz, an auto lender focused on foreign-born borrowers with thin credit history, announced this week it

  • Amanda Harris
  • June 24, 2021

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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