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Nicole Casperson and Joey Pizzolato
  • 3:12 pm

Auto Finance Technology sponsored by InformedIQ

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Weekly Wrap: COVID-19 implications for lenders sink in [Video]

This week the auto lending industry saw the negative impacts of the coronavirus crisis put pressure

  • Nicole Casperson
  • April 3, 2020

Bank of America CEO says half a million customers have deferred payments

Half a million of Bank of America Corp.’s 66 million customers have deferred loan payments because

  • Bloomberg News
  • April 3, 2020

Volume declines spur Crescent Bank to furlough auto staff, tighten underwriting

Subprime lender Crescent Bank & Trust has tightened its underwriting policies and furloughed a “significant” number

  • Nicole Casperson and Joey Pizzolato
  • April 2, 2020

JP Morgan: Credit losses to hit crisis levels as residual values drop

The negative impacts of the coronavirus crisis on the auto industry will likely put pressure on

  • Nicole Casperson and Joey Pizzolato
  • April 2, 2020

Consumers delay off-lease returns

Consumers are delaying their off-lease returns as COVID-19 shelter-in-place orders have shuttered dealership doors and limited

  • Joey Pizzolato
  • April 2, 2020

US jobless claims doubled to record 6.65 million last week

The number of Americans applying for unemployment benefits more than doubled to a second straight record

  • Bloomberg News
  • April 2, 2020

CFPB offers guidance on credit reporting during pandemic

The Consumer Financial Protection Bureau (CFPB) today released a policy statement outlining the responsibility of credit-reporting

  • American Financial Services Association
  • April 1, 2020

Wells Fargo halts repos

Wells Fargo Co. is the latest big bank to suspend repossessions, joining Bank of America and

  • Nicole Casperson and Joey Pizzolato
  • April 1, 2020

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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