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Title Lender Offers Buyout Program Ahead of CFPB Rule
A Houston-based title lender -- Advantage Finance LLC -- today launched a program to refinance short-term title loans that may...
Bank of America Mulls Fintech Partners, Despite Competition Concerns
From left, Jeff Danford, SVP of Auto Finance at Ally Financial; David Hollodick, SVP, Product and Pricing Executive Consumer Vehicle...
Loan Approval Rates Remain Unchanged, Poll Reveals
LAS VEGAS -- Many lenders agreed that loan approval rates over the past 12 months "remained basically unchanged," according to a...
Santander Keeps Credit Risk Conservative in First FCA Lease ABS
Via Wikimedia Commons Santander Consumer USA this week issued its first-ever lease securitization from the company’s Chrysler Capital division, and...
Nicholas Financial’s Contract Acquisitions Decline Amid Underwriting Change
Nicholas Financial Inc. continues to see a drop in auto contracts acquired due to modified underwriting guidelines, according to the...
Powersports Lenders Brainstorm Underwriting Strategies to Sway Millennials
LAS VEGAS -- As the powersports finance demographic shifts to millennials, lenders are brainstorming ways to target these consumers, according...
Why Should They Choose Your Loan? [SPONSORED]
The Challenge: Differentiation! In 2013, nonprime, subprime, and deep-subprime new vehicle loans accounted for 27.5% of the market. Today, they...
Uber Releases Commercial Touting Benefits of Ridesharing [VIDEO]
Uber has released a commercial with a humorous take on street traffic in Bangkok where all the cars have been...
