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SunTrust Grows Portfolio 5%, Sticks to Prime
Wikimedia Commons SunTrust Banks Inc. outstandings grew 5% in the first quarter, compared with the same period last year, Chuck...
USAA Emphasizes Education To Prevent Delinquencies
While a number of lenders are revamping their collections and repossession practices to adapt to a new regulatory environment, USAA...
Recoveries Drop At CPS Amid Lower Used Values
Via Car Auction Mall The decline of used-car values has had a “significant and material impact” on loss rates at...
Maven Launches New Rental Service to Accelerate Gig Economy
Maven -- General Motors Co.’s mobility services platform -- launched a new service today, to offer rideshare and delivery drivers an alternative to leasing....
BMW Speeds Carshare Access With App Upgrade
BMW North America LLC’s ReachNow mobility services program rolled out a “major software update” in April called ReachNow Fastlane, which reduced the company’s...
Is That the Smell of Compounding Risk?
If you only looked at GM Financial's origination volume last week, you would think auto finance was continuing on its boom-time...
5 Powersports Lenders Altering Finance Offerings in 2017
Competition continues to ramp up as new lenders enter the powersports space, causing many players to bolster their finance offerings...
AAA’s Auto Club Trust to Add ReFi to Online Portal
Via Wikimedia Commons Auto Club Trust, the banking unit of the American Automobile Association, is aiming to have the full...
