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Credit Acceptance consumer loan volume jumps 8% YoY

Credit Acceptance Corp. logged an increase in originations in the second quarter as yields ticked up

Chatbots can reduce collection costs by 15%

Lenders can save time and reduce collection costs by leaning on intelligent virtual agents to provide

Camping World F&I drops 15% YoY

Camping World’s second-quarter finance and insurance revenue continued to decline year over year as the dealer

Banks tighten auto loan standards in Q2, Fed reports

Banks continued to tighten credit standards for auto lending amid widening spreads in the second quarter

Bank of America, Freedom CU, West Aircomm FCU named in repo complaints

Pennsylvania courts are cracking down on repossession-related offenses, as evidenced by a trio of recent cases.

Rental companies offload high-mileage units amid tight OEM supply

Rental fleet companies are offloading older, higher-mileage vehicles as they work to meet demand and as

Nominations for the 2023 Auto Finance Excellence Awards now open

Nominations are now open for the 2023 Auto Finance Excellence Awards, which celebrate achievement in the

Podcast: ‘Weekly Wrap’ discussion on captive earnings

Captives’ second quarter earnings were mixed as rising interest rates push down origination volume and lenders

Credit Union Auto Lending Surges

David Thompson

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