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Pelican to Offer Text Payment Options
Pelican Auto Finance will soon offer pay-by-text to its customers after partnering with Solutions by Text, Chief Compliance Officer Joel Kennedy told...
Lack of Data Causes ‘Tighter’ Lending, Westlake Risk Exec Says
Westlake Financial Services has seen “incremental growth” within its powersports lending this year, particularly with used vehicles, according to Chris...
Is the CFPB Looking at You? [SPONSORED]
In the high-stakes environment of regulatory compliance, risk is unavoidable. Enforcement actions routinely reveal lapses that cost vehicle loan servicers...
It’s Not Your Father’s Servicing System
We have all read the headlines. With continued high demand expected for loans and leases, and over one trillion dollars...
Lenders Strive to Be Fast Followers with Tech Innovation [VIDEO]
FORT WORTH, Texas -- It’s difficult to be first in market among other lenders in the industry when investing in...
Tap the Brakes in Indirect Auto, Praxis Says
It’s not the best time to ramp up in indirect auto business as a lender, according to Daniel Parry, chief executive and...
Polaris President Retires, CEO Absorbs Role
After 29 years with Polaris Industries Inc., President and Chief Operating Officer Bennett Morgan announced his retirement in mid-May. The...
Auto Loans Reach New Record, Surpass $1 Trillion Mark
Auto loan balances topped $1 trillion, according to Experian Automotive data released yesterday. The market first reached the trillion dollar...
