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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...
Few Banks Tightened Credit Standards for Auto Loan Approval, Fed Finds
Several large auto lenders reported elevated delinquencies and losses in the fourth quarter, however only 13% of banks surveyed by...
Octane Lending Revs Up Finance Arm, Opens $5 Million Series A1 Round
Octane Lending Inc. is off to the races with another Series A1 funding round, after reporting its startup finance arm...
GMF Grows Originations, Lowers Delinquencies
GM Financial displays its logo at its NADA Convention & Expo booth. (Photo by William Hoffman) General Motors Financial grew...
SunTrust Auto Portfolio Tops $10 Billion in 2016
SunTrust Banks Inc. grew its auto outstandings to $10.7 billion in the fourth quarter of 2016, Chuck Jones, the regional...
Credit Union Utilizes Special Events to Bulk Up Powersports Dealer Network
America’s First Federal Credit Union (AFFCU) upped its powersports dealer network and loan origination volume in 2016, thanks to participating in...
Auto Finance Needs a ‘Subprime Correction,’ CPS Says
Consumer Portfolio Services greets guests at the 2017 NADA Convention & Expo. (Photo by William Hoffman) Consumer Portfolio Services intends...
