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Open Lending certification volume down 8.4% year over year 

Automation fintech Open Lending’s certification volume declined in the third quarter. Total certified loans, or “certs,”

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Refi demand rising as consumers say auto loans are financial strain 

Auto loans are burdening consumers, prompting an uptick in refinance demand as interest rates come down

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Toyota to scale back on incentives 

Toyota Motor North America plans to reduce incentives and increase production to improve profitability in 2025.

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Auto outstandings stagnate in Q3 (Big Wheels) 

Auto outstandings industrywide inched up 0.4% quarter over quarter and 0.96% year over year in the

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Fed cuts rates; Powell says wouldn’t resign if asked by Trump

Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to

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Donald Trump has tools to fire powerful financial regulator in term two

Rohit Chopra’s crackdowns on illegal car repossessions, home foreclosures and bank overdraft fees made him a

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Powersports lenders reimagine tech, buyer programs  

Powersport lenders are enhancing technology and buyer programs to improve customer and dealer experiences heading into

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EV sales rise across major OEMs in October 

Electric vehicle sales jumped at most major automakers in October, contributing to an uptick in overall

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Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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