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CDF Casts Wider Powersport Net, Before Acquisition
Is Commercial Distribution Finance (CDF) working toward cornering the powersport industry, despite a less-than-clear fate for 2016? CDF announced today...
CACC Buoys Portfolio of Public Auto Finance Companies in 2015
A portfolio of publicly traded auto finance companies has generated a strong return in 2015, although much of that seems...
GM Financial Will Launch Second Direct Mail Pilot
Following an inaugural pilot in September, General Motors Financial Co. will launch a second pilot for its direct mail dealer...
SpringboardAuto to Target Private-Party Auto Sales in 1Q, CEO Says
SpringboardAuto.com will offer refinancing for existing auto loans, and fund private-party purchases in the first quarter of 2016, Founder and...
Games May Help Lenders in Pursuit of Underbanked Millennials
Some millennials may not have checking accounts or desktop computers, but the vast majority have smartphones, and many of them...
GMF Set to Open San Antonio Servicing Center in 2017
General Motors Financial Inc. will begin construction of its new financial servicing center – set to employ up to 700...
Look Beyond the First Rate Hike, Wells Economist Cautions
Lenders should prep for gradual interest rate hikes through 2016, Sarah House, vice president and economist at Wells Fargo Securities, told...
CarHop and BHPH Captive Settle with CFPB for $6.4 Million
CarHop, one of the nation’s biggest buy-here, pay-here dealership groups, and its affiliated finance company, Universal Acceptance Corp., agreed to...
