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Divido Wins London Startup Contest
Divido, a financing startup, won an industry innovation contest in London last week. The U.K. startup beat out four other...
GMF Caters to Subprime Borrowers for Uber Rideshare Program
On February 25, Maven celebrated the Ann Arbor launch at the Michigan Theater with performances by Dan Henig and Moon...
KTM North America on Lookout for Leasing Partner
KTM North America is on the hunt for a leasing partner to offer alternative retail financing options to consumers in...
Don’t Rely Too Heavily on Data, CPS CEO Advises [VIDEO]
There is more data available in auto finance to use in the decisioning process than ever before, Consumer Portfolio Services...
Quarterly Earnings Show Signs of Tightening
Credit restrictions and underwriting practices show signs of tightening this month after lenders outlined adjustments to their portfolios based on...
Don’t Rely Too Heavily on Data, CPS CEO Advises [Video]
There is more data available in auto finance to use in the decisioning process than ever before, Consumer Portfolio Services...
Competition Suppresses Santander Consumer’s 3Q Subprime Volume
Santander Consumer USA’s third-quarter originations showed higher credit quality, the company announced yesterday. However, the shift is not strategic, but...
Depressed Car Values at Hertz is a Bad Sign for Captive Remarketing
Car rental company Hertz Global Holdings Inc. announced a 14% per unit depreciation in its used car values year over...
