Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Amanda Harris

Auto Finance Technology sponsored by InformedIQ

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Powell’s Fed shifts to more relaxed approach to fight inflation

Federal Reserve Chair Jerome Powell announced a new approach to monetary policy Thursday that takes a

US jobless claims resume decline but report comes with caveats

Applications for state U.S. unemployment benefits decreased last week following an unexpected jump, indicating the labor

Used-vehicle sales pacing for YoY growth in August

Used-vehicle sales are poised to reach 3.6 million units in August, a 4% year-over-year increase and

Chrysler Capital’s Allgood, Bank of America’s Owens join peers in AFS dialogue 

Chrysler Capital leader Shawn Allgood and Tim Owens, consumer vehicle lending executive for Bank of America,

Payment extensions decline for second-straight month

Payment extensions on auto loans securitized in the asset-backed securities market declined for the second straight

Consumers in financial hardship dips following COVID peaks

The percentage of auto accounts in financial hardship status fell to 6.16% in July, a decrease

Nicholas Financial to expand, focus on direct loans

Nicholas Financial is expanding with new branches and is looking to grow its direct loan portfolio

Investor caution demands greater assurance from companies

Investors are more cautious than ever regarding where they invest their funds. They’re looking for assurance

Credit Union Auto Lending Surges

David Thompson

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