News Feed
Losses and Delinquencies Up at Yearend 2016, S&P Says
Prime and subprime losses ended 2016 showing year-over-year increases by the end of December, according to S&P Global’s January U.S....
Auto Lending Fraud Set to Double in 2017, Report Finds
Consumer fraud in auto lending could double in 2017, compared with the year prior, in large part due to prevailing...
HDFS Sued Over Alleged Harassment, Lenders Advised to Remain Compliant
Harley-Davidson Financial Services is being sued over alleged telephone harassment, which serves as a reminder to powersports lenders that when...
Lenders Should Aim For Moderate Growth in 2017, Equifax Says
The auto finance industry is stable now, but it’s also probably not growing at record-breaking figures in 2017, which will...
Nexar Scores Drivers, Looks To Enhance OEM Lease Programs
Autonomous vehicles are coming, but aren’t here yet. The good news is, you can still “smarten up” your car, no...
Few Banks Tightened Credit Standards for Auto Loan Approval, Fed Finds
Several large auto lenders reported elevated delinquencies and losses in the fourth quarter, but only 13% of banks surveyed by...
How Trump’s Border Tax Could Affect Auto Lenders
Via Wikimedia Commons President Donald Trump continues to mull over the idea of a border tax — which if passed...
GMF Hones Rewards Program to Gain Floorplan Dealers
General Motors Financial Co. launched the latest version of its Dealer Dividends program to all dealers last month -- following...
